#打榜优质内容 institutions reduce demand for Bit coin.

Despite the continued rise of the US stock market driven by the artificial intelligence boom, the recent reports in US cryptocurrency news about the "significant decline in Bitcoin ETF inflows" have drawn the attention of the entire cryptocurrency market.
New data from the blockchain data analysis platform Glassnode shows that institutional demand for Bitcoin has significantly slowed, which stands in stark contrast to the increasingly optimistic sentiment in traditional markets led by technology and infrastructure sectors.
Glassnode data shows that in the past three weeks, the weekly net inflow of BlackRock's spot Bitcoin ETF has been less than 600 Bitcoins. In previous major uptrends in this cycle, the ETF's weekly net inflow could reach over 10,000 Bitcoins, indicating a significant decrease in inflow compared to then. Glassnode analysts state that this marks a clear slowdown in institutional demand.
The recent demand slowdown is one of the weakest periods for institutional accumulation since the launch of this ETF. Data indicates that after several months of large-scale accumulation, major investors may be entering a consolidation phase.
The price of Bitcoin has recently struggled to maintain upward momentum and has now fallen below $110,000. ETF fund flows are also seen as an important leading indicator reflecting the sentiment of institutional investors.
Despite weak inflow data, on-chain analysts have identified some potential dynamics. Cryptocurrency data platform Whale Insider reports that BlackRock has transferred 1,198 Bitcoins (worth approximately $129 million) to the cryptocurrency exchange Cb, a move that may indicate the institution is adjusting its portfolio or making custody adjustments. Such transfer operations do not necessarily represent selling behavior. However, this phenomenon also highlights that large asset management institutions are actively managing their cryptocurrency holdings in a volatile macro environment.
With the fluctuations in market liquidity and demand, ETF issuers often adjust their positions between different custodians or consolidate their holdings.