PANews reported on June 17 that according to Matrixport's analysis, Bitcoin ETFs have attracted $11.2 billion in new capital inflows over the past eight weeks, but Bitcoin's price has only risen by approximately 10%. This moderate increase may reflect some market participants selling on momentum or waiting and re-entering.
Overall, the Bitcoin market has formed a stable buying support, and although the sources of buying continue to change, ETFs have almost not experienced sustained net outflows. Additionally, compared to the period during Trump's election, MicroStrategy's current pace of increasing positions has slightly slowed, but stable capital inflows still provide solid support for Bitcoin's price.
