Crypto.com: Bitcoin SOPR above 1.0 for three weeks, but ETF outflows weigh on market
- —Bitcoin SOPR has been above 1.0 for three straight weeks — the longest since the start of 2026
- —$463 million was withdrawn from bitcoin ETFs in a week, and $197 million from Ethereum ETFs
- —The 10-year US Treasury yield reached 4.97%, the highest since October 2023
- —US CPI rose 0.4% month-on-month and 3.4% year-on-year, while WTI topped $100 a barrel
Why it matters: Improving on-chain profitability for BTC has yet to be confirmed by capital inflows: macro pressure and ETF outflows could delay a market reversal.
Source: TokenPost