Bitcoin's longest ETF inflow streak in nine months points to improving market sentiment - AMBCrypto
Bitcoin [BTC] has witnessed accumulation. Spot demand was still weak but recovering. Recently, CryptoQuant data of exchange netflows demonstrated that9,030 BTC leftBinance. Yet the Coinbase Premium Gap was. . .
Bitcoin [BTC] has witnessed accumulation. Spot demand was still weak but recovering. Recently, CryptoQuant data of exchange netflows demonstrated that9,030 BTC leftBinance. Yet the Coinbase Premium Gap was negative, indicating that U. S. institutional investors were net sellers. AMBCrypto reported that there was reason to think seller exhaustion was at hand. This exhaustion and a slow recovery in demand could set up the conditions for a recovery, and the bear cycle could bebehind us. In the short-term, leverage and realized volatility were also falling. In these conditions, a recovery is possible. Patience is needed to confirm amarket turnaround. Bitcoin ETF netflows reach positive streak not seen in nine monthsSource: CryptoQuantAnalyst Amr Taha pointed out that Bitcoin ETF inflows were not limited to a single entity. BlackRock’s IBIT recorded approximately$557 millionin positive net flows between four sessions fromJuly 14 and 21. OnJuly 21, 21Shares ARKB added approximately$70 million. Sustained positive readings show investor confidence in the market. Source: SantimentSantiment observed in a post on X that$981 million inBitcoinspot ETF inflows were seen sinceJuly 14. This 7-day streak of inflows was a first in nine months, last occurring in October 2025, when Bitcoin was pushing toward the$126khighs. Inflow momentum can lead the crypto markets higher, the intelligence platform wrote. On the flip side, a day of huge inflows could be a sign of FOMO. Heated short-term bullish conviction could lead to a local top forming. The Bitcoin ETF flows led to a price bounce to a local high of$66,956. So far, it was unable to clear the$67,292 leveland invalidate the bearish near-term price structure. In other news, earlier in July, it was reported that a crypto bill was passed in Japan that could open the doors to spot Bitcoin ETFs listed on the Tokyo Stock Exchange. It would also cut the crypto tax rate from around55%now to20%. The crypto bill has only cleared a committee in Japan’s Upper Parliament, but was not yet law. It could potentially become law by 2027. Final SummaryBitcoin ETF net flows reached a 7-day positive streak, a length of time of consistent inflows last seen in October 2025, before the market topped. The market sentiment was recovering but it was still too early to call for a definitive market bottom.