Bitcoin ETFs see major inflows as price drops below $116K
Bitcoin ETFs gain 11K BTC amid price dip
Despite a sharp price dip below $116,000, institutional investors continued to increase exposure to Bitcoin, adding nearly 11,000 BTC to spot Bitcoin ETFs in just two days.
According to Glassnode, Monday saw 7,500 BTC in inflows—one of the largest daily increases in three months—followed by another 3,400 BTC on Tuesday.
The aggressive buying highlights institutional confidence in the long-term value of Bitcoin, even as the market pulled back by more than $7,000 from recent highs.
Key takeaways
- Institutions bought the dip: U.S. spot Bitcoin ETFs added 11,000 BTC over 48 hours despite price retracement.
- Inflows remained strong: Glassnode reports that Monday’s 7,500 BTC inflow was the third-largest in three months.
- No sign of outflows: ETF platforms held firm; Tuesday saw zero significant withdrawals.
- New projections emerge: Analysts see Bitcoin reaching $135,000 within six months due to sustained ETF demand.
Institutional appetite grows
On-chain analytics from Glassnode reveal a stark shift in institutional behavior. Historically, sharp drops in Bitcoin’s price would often trigger hesitation or even selloffs among large investors. However, this week’s action indicates the opposite—confidence amid volatility.
U.S. spot Bitcoin ETF flows. Source: Glassnode
U.S. spot Bitcoin ETFs, which launched earlier this year, have become a critical vehicle for institutional participation. Unlike futures-based products, spot ETFs require direct BTC holdings, which intensifies their influence on price dynamics.
As Bitcoin briefly dipped below $116K—from a recent high above $123K—institutional buyers remained unshaken. According to network economist Timothy Peterson, instead of reducing exposure, they “doubled down,” suggesting that professional investors increasingly view dips as strategic buying opportunities.
Loading...
ETF demand driving price targets
According to market projections, continued inflows into ETFs could push Bitcoin to $135,000 within the next six months. This forecast reflects both growing institutional adoption and limited sell pressure, as many ETF investors hold with long-term horizons.
With outflows near zero and inflation hedges in favor again, Bitcoin may be entering a new phase of institutional-led momentum.
Bitcoin’s resilience below the $116K level has only emboldened institutional investors. If current ETF inflow trends continue, Bitcoin’s medium-term price outlook appears increasingly bullish, reinforcing its role as a maturing macro asset.
Read also: BlackRock Bitcoin ETF passes 700,000 BTC in volume.
