Jason Deane: Bitcoin ETF inflows positive for seven days despite GBTC outflows

Jason Deane: Bitcoin ETF inflows positive for seven days despite GBTC outflows
Bitcoin ETF inflows positive despite GBTC

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.

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.

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