Institutions' demand for Bitcoin ETFs remains strong, with spot products recording a net inflow of $254 million on February 26, marking the third consecutive trading day of positive inflows. Ethereum spot ETFs also followed closely, with a net inflow of $6.57 million, continuing a three-day streak of positive inflows. Analysts point out that while ongoing capital inflows from large institutions help alleviate selling pressure and support demand, they have not yet generated strong upward momentum. This indicates that the market is in a steady accumulation phase rather than a speculative chasing phase. Bitcoin's price movement remains cautious, fluctuating within a narrow range below key long-term moving averages.
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Institutions' demand for Bitcoin ETFs remains strong, with spot products recording a net inflow of $254 million on February 26, marking the third consecutive trading day of positive inflows. Ethereum spot ETFs also followed closely, with a net inflow of $6.57 million, continuing a three-day streak of positive inflows. Analysts point out that while ongoing capital inflows from large institutions help alleviate selling pressure and support demand, they have not yet generated strong upward momentum. This indicates that the market is in a steady accumulation phase rather than a speculative chasing phase. Bitcoin's price movement remains cautious, fluctuating within a narrow range below key long-term moving averages.