$6.7 Billion Inflow into Cryptocurrency in the Last 30 Days

In the last 30 days, approximately $6.7 billion has flowed into the cryptocurrency market. In June, there was a net outflow of about $13 billion, but the current cash flow has turned into a net inflow. BIT released an analysis of institutional fund inflow indicators, which estimate the combined effect of Bitcoin purchases, cash flow from U.S. Bitcoin spot ETFs, and the issuance of stablecoins. This figure does not reflect only specific products or investor funds; it also considers corporate Bitcoin purchases, funds through ETFs, and changes in stablecoin supply. While $13 billion left the market in June, $6.7 billion has flowed in over the past 30 days. BIT included cash flow from Bitcoin spot ETFs in its calculations, allowing investors to access price movements without directly holding Bitcoin. However, the inflow from ETFs alone cannot determine the overall cash flow. The issuance of stablecoins is also included, and an increase in issuance may indicate expanded liquidity. However, it is difficult to confirm whether the issued stablecoins have actually led to purchases. BIT analyzed that the improvement in cash inflow could support market momentum, and for Bitcoin to achieve a larger rise, the speed of cash inflow needs to increase.

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