CryptoQuant: Bitcoin's recovery lacks sustained capital inflows from Bitcoin ETFs and treasury strategies

Jinse Finance reported that over the past week, Bitcoin's realized market value increased by more than $800 million, surpassing $1.1 trillion, while Bitcoin's realized price also rose above $110,000, indicating strong on-chain capital inflows. CryptoQuant stated that although Bitcoin's realized market value increased by $800 million, Bitcoin's recovery lacks the sustained capital inflows brought by ETFs and Michael Saylor's strategy, which are the main demand drivers.