BlackRock's IBIT has been the largest single contributor, capturing hundreds of millions in inflows over the two-week stretch. Fidelity and Franklin Templeton also adding steadily.
Institutional ETF buyers operate on longer time horizons than leveraged traders. While retail is getting liquidated on tight stops, institutions continue accumulating on weakness.
The first week of August alone saw spot Bitcoin ETF inflows top $750 million, a sharp reversal from July's sustained outflows. The second week's run extends that strength.
When institutional inflows arrive during price weakness and liquidations, it often signals a bottom-building process. This pattern suggests a higher floor may be forming here.
Single-day ETF flows can be noise. Watch multi-day trends instead. The fact that the streak has held through two weeks without interruption is what matters.
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