Bitcoin ETFs attracted $1.08 billion in three days, yet the pace falls short of the $235 million daily average needed to fuel a sustained price surge.
Bitcoin's current price momentum is constrained because recent ETF inflows, totaling $1.08 billion over three days, fall short of the $235 million daily average required to sustain aggressive rallies. Data analyzed by CoinDesk indicates that while capital is entering the market, the current velocity is insufficient to replicate the conditions of previous steep upward price movements.
Historical data suggests a requirement of approximately $235 million in net daily inflows into ETFs.
Current inflows are trailing the $235 million per day pace, with the most recent three-day total reaching $1.08 billion.
Bitcoin exchange-traded funds recorded $1.08 billion in net inflows over a three-day period. Despite the significant capital influx, current momentum remains below the $235 million daily threshold required to sustain a steep market rally.
While $1.08 billion in three days is significant, it fails to meet the $235 million daily average that historical data suggests is necessary to drive a steep, sustained price increase.