Bitcoin ETF Flows Expected to Remain Strong Leading Up to Halving, Says Santiment
Spot Bitcoin (BTC) exchange-traded fund (ETF) flows are anticipated to remain robust leading up to the Bitcoin halving, according to Santiment, an on-chain analytics firm.
In a recent post on X , the company noted that Bitcoin ETF volume has not slowed down since the asset’s mid-March all-time high.
Santiment said that trader activity continues to be higher than the turning point in late February when individual trading surged.
“It is a likely foregone conclusion that high activity should continue leading up to the April 19th halving, but it will be interesting to see whether a drop-off in ETF volume and on-chain volume will occur directly afterwards.”
Santiment reported that the top seven ETFs have seen a daily volume of $3.19 billion.
However, the firm expressed interest in observing whether there would be a decline in ETF volume and on-chain volume immediately after the halving event.
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