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Historical data shows that during the three strong Bitcoin rallies since January 2024, ETFs saw average daily inflows exceeding $200 million. During sharper periods of increase, the average reportedly reached approximately $235 million. In contrast, since July 1st, the daily average has remained around $86 million.
While the three-day total is quite large, what’s important is that the inflows aren’t limited to a few days but continue. Futures contracts, direct spot purchases, macroeconomic conditions, and investor profit-taking also affect the price.
Ethereum ETFs saw inflows of $14.9 million after a five-day outflow. However, ETH funds remain approximately $1.07 billion in deficit for the month of October.
*This is not investment advice.