BIT, the cryptocurrency options trading platform formerly known as Matrixport, announced that institutional investors injected a total of $6.7 billion into the cryptocurrency market over the past 30 days. The data indicates that the market has returned to a net buying trend after experiencing significant capital outflows in June.
BIT’s calculations reveal this capital inflow based on the sum of Strategy’s Bitcoin purchases, net inflows into spot Bitcoin ETFs, and new stablecoin issuances. A combined assessment of these three indicators suggests that institutional capital is beginning to redirect itself towards crypto assets.
In June, the cryptocurrency market experienced a net capital outflow of approximately $13 billion. However, the $6.7 billion inflow over the last 30 days indicates a significant shift in market dynamics. This suggests that the predominantly selling trend is gradually being replaced by a net buying and capital inflow trend.
BIT stated that the improvement in capital inflows has supported the recent recovery in market sentiment. The return of institutional funds to the market is particularly contributing to limiting downward movements in the Bitcoin price and creating support at certain levels.
However, BIT stated that for Bitcoin to exhibit a stronger and more sustained upward trend, the current pace of capital inflows needs to accelerate further. According to the company, while the $6.7 billion inflow supports the market outlook, a more comprehensive rally requires an acceleration of institutional capital flows.
Among the indicators followed by experts, Bitcoin ETF flows, institutional BTC purchases, and changes in stablecoin supply stand out, and these data are expected to provide important signals regarding the direction of the crypto market in the coming period.
