Markets· ★★★· neutral·

Bitcoin holds above $83,400 as ETF inflows stretch to nine days, futures demand drops 90%

  • —Futures demand growth fell from 164,000 BTC on September 14 to 16,000 BTC on September 29
  • —US spot Bitcoin ETFs logged nine straight sessions of inflows, roughly $3 billion
  • —Recent BTC buyers sit on an average unrealized gain of 33%, the highest since December 2024
  • —Holders realized profits on about 25,700 BTC on September 22, the largest single day this year
Why it matters: Bitcoin's rally now hinges on persistent spot institutional demand rather than leverage; a reversal in ETF flows would weaken the case.
Source: Invezz