Les flux sortants de 1,1 milliard de dollars pour le ETF Bitcoin se poursuivent depuis plusieurs jours, les institutions sont-elles prudentes ou les principaux acteurs accumulent-ils des positions ?

【Block Rhythm】Bitcoin ETFs haven’t had an easy time recently – there was a net outflow of 389.95 million in just one day, with cumulative outflows of 1.12 billion over three consecutive days. The magnitude of this outflow is quite significant, essentially wiping out the net inflows from the first two trading days of the year.

So what does this really indicate? LVRG Research analyst Nick Ruck offered his assessment: don’t be too pessimistic. He believes this wave of capital outflows is mainly driven by portfolio rebalancing, profit-taking during the rally phase, and investor caution during the market consolidation period – but this doesn’t mean there’s been a fundamental reversal in institutional demand. Conversely, Bitcoin is still hovering above 90,000, supported by continued institutional accumulation.

In reality, this is just normal market fluctuation. So how should traders respond? Nick Ruck recommends focusing on several key signals: first, ETF capital flow trends can reflect changes in market sentiment; second, whether Bitcoin can break through the critical resistance level of 95,000; third, the latest developments in Federal Reserve policy. Only by combining these signals can we determine whether the next move will be a breakthrough or continued volatility.