“Key liquidity drivers, similar to stablecoin progress and US-listed Bitcoin ETF inflows, have slowed down – as we’ve talked about for a number of weeks. ETF flows peaked on March 12, and 4 consecutive days of internet outflows have not too long ago been seen. Demand for US-listed Bitcoin ETFs seems saturated, as even a 10-15% decline in Bitcoin costs has not elevated internet inflows,” Matrixport stated in a market replace early Friday.
