EddieJayonCrypto
21 Apr 25
Bitcoin ETFs saw a net inflow of $15 million last week, a notable improvement from the previous week's outflows of over $713 million, though this is the lowest weekly inflow since early 2025. Institutional investors added $15.85 million to BTC spot ETFs between April 14 and 17, indicating a slowdown...
Bitcoin ETFs experienced a modest net inflow of $15 million last week, marking the lowest weekly inflow since early 2025 and signaling cautious sentiment among institutional investors amid mounting global trade tensions. The BTC price increased by 3% to $87,641; however, a 2% decline in futures open interest and strong demand for put options reveal that traders are closing positions and preparing for potential downside risks. Despite cautious activity in derivatives, a positive funding rate of 0.0052% indicates that some bullish trader confidence remains, anticipating further price gains. Institutional investors contributed $15.85 million to BTC spot ETFs from April 14 to 17, improving from previous outflows of over $713 million but still reflecting a slowdown in bullish momentum. The restrained inflow underscores the impact of escalating trade policy tensions worldwide, which have injected uncertainty and led to a more careful capital allocation approach. As Bitcoin's price climbed 3%, the concurrent fall in futures open interest suggests traders are not fully convinced by the rally and are reducing exposure. The high demand for put options further confirms bearish hedging or protective strategies. Nonetheless, the positive funding rate implies that longs are paying shorts, highlighting pockets of optimism within the market. In summary, while Bitcoin ETFs show signs of regained interest and price action remains upward, derivatives data paints a picture of cautious participation by traders. This dynamic reflects the ongoing balancing act between hopeful bullishness and prudent risk management amid external economic uncertainties.