IBIT sheds $300M as bitcoin ETFs bleed $231M
The bitcoin ETF complex is missing the year's hottest risk-on trade, a chip-led AI rally that has Asia's benchmark pacing its best quarter in 17 years and pulling marginal dollars away from BTC…
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The bitcoin ETF complex is missing the year's hottest risk-on trade, a chip-led AI rally that has Asia's benchmark pacing its best quarter in 17 years and pulling marginal dollars away from BTC…
The call lands as Strategy's dividend obligations climb and its cash buffer has thinned, raising the cost of every additional BTC added at the top of the cycle.
Polymarket gives BTC a 60% shot of finishing the week above $76K, but the read from Enflux and Glassnode is the same: tight range, cooling ETF inflows, and a market that won't move until next week's…
BVIV slid to 38% — its lowest since October 2025 — as easing geopolitics, Strategy's 171,238 BTC bid and systematic call overwriters stack a structural floor under price swings.
The $4–$8 range frames a 3x–6x from $1.38 — but the bear case still lands at $1–$2.50, and the chart has to clear $1.60 before any of it matters.
The True Market Mean break at $78.1K is the headline, but the Short-Term Holder Cost Basis at $80.1K is the wall that decides whether this is a real reversion or a failed retest.
The push past $80,000 was driven by leverage, not organic accumulation — but two straight months of ETF inflows totaling $3.29B suggest the spot bid is finally sticking beneath the noise.
Three straight weeks above $1B in product inflows and $933M into Bitcoin look structural — but Glassnode's $4.4M/hr realized-profit reading means the FOMC is the trigger that decides whether this…