U.S. spot Bitcoin exchange-traded funds recorded $134.5 million in net inflows yesterday, extending an accumulation trend. Over the past seven trading sessions, these regulated vehicles pulled in $2.97 billion in net inflows—nearly three billion dollars in just over a week.

On-chain data shows BTC flowing out of liquid exchange wallets into cold storage, consistent with institutional custody solutions backing these ETFs. The movement directly tightens Bitcoin's available supply on public exchanges. The Crypto Fear & Greed Index sits at 74, reflecting 'Greed' territory driven by persistent institutional buying pressure.

This consistent demand is absorbing sell-side liquidity and establishing a strong floor for Bitcoin's price. Large block trades are increasingly visible on over-the-counter desks as institutions fill substantial ETF orders while minimizing immediate spot market impact. The approach suggests calculated position-building without disrupting prices excessively, yet still driving overall demand higher.