đš COINBASE PREMIUM JUST FLIPPED â FLOWS ARE DRIVING $BTC
đ Bitcoinâs rebound isnât about geopolitics â itâs about real money coming back in.
After nearly 40 days of negative readings, the Coinbase Premium just turned positive (~+0.05%).
This is a key signal because Coinbase is one of the main platforms for U.S. institutional investors.
đ° ETF Inflows Are Strong
In just 3 days, U.S. spot Bitcoin ETFs recorded around $1.1B in inflows.
đč About $652M flowed into BlackRockâs
iShares Bitcoin Trust ($IBIT) alone.
As a result, Bitcoin $BTC bounced back toward the $68K level.
đ What This Means
â Positive Coinbase Premium â Indicates real spot demand
â ETF inflows â Strong institutional accumulation
â Funding rates â Neutral (No excessive leverage)
â Market structure â Spot-led rally, not derivatives-driven
Even with the U.S. Dollar firm and the 10-year yield near 4%, Bitcoin recovered quickly â suggesting geopolitics wasnât the main driver.
đ„ Flows are doing the heavy lifting.
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