Bitcoin News Update: Bitcoin ETFs See $437M Outflow While Harvard and Coincheck Express Careful Optimism
- Coinbase's Bitcoin premium index remains negative at -0.0499%, reflecting weak institutional demand and declining ETF inflows totaling $437M in recent days. - Bitcoin futures open interest fell to $32.3B as long positions exit, while put options dominance and technical indicators confirm bearish momentum below $90,000 support. - Harvard's $443M IBIT allocation and Coincheck's Nasdaq listing plans contrast with broader market pessimism, as crypto funds shift toward altcoins amid macroeconomic pressures. -
The Coinbase
Recent figures show a significant drop in funds moving into Bitcoin exchange-traded funds (ETFs),
The downturn has been intensified by institutional withdrawals and corporate hedging,
Despite the prevailing negative trend, some large investors are making calculated moves.
Technical signals continue to support a bearish scenario.
Market watchers remain split on when a recovery might begin. Mike Alfred, a crypto investor,
As the crypto sector faces ongoing macroeconomic challenges,
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Here's What The Street Thinks About Select Water Solutions, Inc. (WTTR)

Cardano Red Month Is Far From Over: Analyst Predicts Crash To This Target

Pundit: 98% of XRP Holders Will Sell After $10. Here’s why
Citi Lifts PT on Cactus, Inc. (WHD) to $63 From $55 - Here's Why
