After two weeks of outflows, Bitcoin spot ETFs have roared back with $1.37 billion in net inflows last week. This resurgence came despite BTC’s sluggish price action for most of the period, showing institutional investors’ renewed confidence as prices rebounded above $106K.
ETF Flows Mirror Bitcoin’s Late-Week Surge
- June 9-13: $1.37B inflow after consecutive outflow weeks
- Early-week caution: Slow inflows amid BTC’s sideways trading
- June 13 turnaround: Price break above $106K triggered momentum
The data confirms ETF flows remain highly sensitive to BTC price movements – hesitant at consolidation but quick to react to upside.
Mixed Signals in Derivatives Markets
While BTC currently holds $106,590 (+1%), other metrics suggest trader caution:
🔻 Futures open interest: Down 10% since June 10 ($69.39B)
🔻 Put options demand: Outpacing calls (bearish hedging)
🔻 Trading volume: Up 16% daily but derivatives participation fading
These indicators reveal institutional players are:
✅ Buying spot ETFs for exposure
⚠️ But reducing leveraged positions
What’s Next for Bitcoin?
The key question is whether this ETF inflow rebound can sustain if:
- BTC holds $106K support → Could attract more capital
- Price dips below → May trigger another outflow cycle
With put options rising, traders appear to be bracing for potential volatility ahead.
