Bitcoin Sees $2.8B ETF Inflows Amid Exchange Outflows
The Bitcoin (BTC) market saw significant inflows from exchange-traded funds (ETFs) over the past two weeks, totaling $2.77 to $2.98 billion. This is the largest weekly inflow since October 2025, with cumulative ETF inflows reaching $57.58 billion since January 2024.
However, this influx was not without a corresponding outflow from exchanges, which saw net withdrawals of approximately 31,782 BTC ($2.52 billion) over the same period. Binance alone accounted for around 19,500 BTC, reducing exchange spot liquidity in the process.
Crypto Briefing reported that Glassnode's on-chain data revealed a rise in both realized and unrealized profits for Bitcoin, with its Net Unrealized Profit/Loss (NUPL) reaching 14.25, its highest level since January. The profit-to-loss coin ratio also climbed to 1.4.
Additionally, the market saw heavy trading over the past 24 hours, with $530 million in crypto liquidations, mostly long positions. Open interest decreased by 2.21%, while the overall cryptocurrency market capitalization remained flat.