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Jason Deane observes that Bitcoin ETF inflows have remained positive for seven consecutive days, with overall stability over a two-week period.
He notes that aside from a significant outflow on 13th July, GBTC continues to experience substantial outflows, contrary to his earlier expectations that it would stabilize or transfer assets to other funds by this time.
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Earlier this month, Jason Deane highlighted a 5 percent decline in Bitcoin mining difficulty, returning the metric to levels seen a year ago. He noted that the shift posed challenges for marginal miners. The latest ETF inflow trends add to a series of recent observations on Bitcoin market activity.