Bitcoin News Update: Bitcoin ETFs See $437M Outflow While Harvard and Coincheck Express Careful Optimism
- Coinbase's Bitcoin premium index remains negative at -0.0499%, reflecting weak institutional demand and declining ETF inflows totaling $437M in recent days. - Bitcoin futures open interest fell to $32.3B as long positions exit, while put options dominance and technical indicators confirm bearish momentum below $90,000 support. - Harvard's $443M IBIT allocation and Coincheck's Nasdaq listing plans contrast with broader market pessimism, as crypto funds shift toward altcoins amid macroeconomic pressures. -
The Coinbase
Recent figures show a significant drop in funds moving into Bitcoin exchange-traded funds (ETFs),
The downturn has been intensified by institutional withdrawals and corporate hedging,
Despite the prevailing negative trend, some large investors are making calculated moves.
Technical signals continue to support a bearish scenario.
Market watchers remain split on when a recovery might begin. Mike Alfred, a crypto investor,
As the crypto sector faces ongoing macroeconomic challenges,
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
NASDAQ TRADE HALT <DCOY.O> VOLATILITY TRADING PAUSE AT 12:51 PM
“Biggest Insider” Royal Kane returns to X after high-profile $XRP and BTC calls
NASDAQ TRADE HALT <EPSM.O> VOLATILITY TRADING PAUSE AT 12:19 PM
Eldorado Gold Corp. Price Target Raised to C$54.00/Share From C$32.00 by BofA Securities