BIT said a composite indicator tracking "institutional" inflows shows the crypto market has absorbed about $6.7 billion over the past 30 days. The measure includes MicroStrategy purchases, Bitcoin ETF flows, and stablecoin issuance. That marks a sharp turn from June, when the market saw roughly $13 billion in net outflows. According to BIT, the recent improvement in capital flows is helping support market momentum. Still, the firm said a larger move in Bitcoin would likely require inflows to accelerate beyond current levels. The update points to a reversal in direction, but BIT stopped short of suggesting that current inflows alone are enough to drive a stronger rally.
According to ChainCatcher, BIT said a composite indicator tracking "institutional" inflows shows the crypto market has taken in about $6.7 billion over the past 30 days. The indicator includes MicroStrategy purchases, Bitcoin ETF flows, and stablecoin issuance.
For comparison, June recorded roughly $13 billion in net outflows, indicating a clear reversal in the direction of capital flows.
BIT said the improving inflow trend is supporting market momentum, but added that Bitcoin would still need faster inflows to post a larger advance.
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