According to Farside Investors, Bitcoin rose 2.05% to $96,351 while the March 2026 Deribit Bitcoin Future traded at $101,787, reflecting a 0.97% increase and a notable futures premium (source: FarsideUK, May 7, 2025). Despite this upward movement, Bitcoin ETF flows were negative at -$85.7 million, indicating persistent outflows that may signal institutional caution. The annualised basis rate dropped sharply by 18.04% to 6.36%, suggesting reduced arbitrage opportunities and potentially lower risk appetite among traders. Ethereum also gained 1.5% to $1,827, while traditional assets like gold and silver remained relatively stable. This combination of rising spot prices, futures premium, and negative ETF flows presents a mixed outlook for short-term Bitcoin trading, urging traders to closely monitor both ETF activity and derivatives premiums for actionable signals (source: FarsideUK).

According to Farside Investors, Bitcoin ETFs experienced a total net outflow of $85.7 million on May 6, 2025. Notably, Grayscale's GBTC saw significant outflows of $89.9 million, offsetting modest inflows of $36.7 million into BlackRock's IBIT. Other major funds, such as ARKB, EZBC, and HODL, also recorded net outflows, while funds like FBTC and BITB saw no net movement. Persistent net outflows from Bitcoin ETFs suggest ongoing profit-taking and cautious institutional sentiment, which could place short-term downward pressure on BTC prices and affect broader crypto market stability (Source: Farside Investors via Twitter).

According to Lookonchain, on May 1, 2025, ten Bitcoin ETFs experienced a net outflow of 382 BTC, equating to a $36.68 million withdrawal. Fidelity alone saw outflows of 1,462 BTC ($140.57 million), leaving its total holdings at 198,376 BTC ($19.07 billion). On the Ethereum side, nine ETFs recorded a net outflow of 1,648 ETH ($3.03 million), with Grayscale's ETHE seeing the largest single-entity withdrawal of 3,987 ETH ($7.32 million). These outflows suggest potential bearish momentum and reduced institutional demand, which are critical signals for short-term trading strategies. Source: Lookonchain on Twitter.

According to Lookonchain, on May 1, the combined net outflow from 10 Bitcoin ETFs totaled -382 BTC, equivalent to -$36.68 million. Fidelity led with a significant outflow of 1,462 BTC (-$140.57 million), reducing its holdings to 198,376 BTC ($19.07 billion). Meanwhile, 9 Ethereum ETFs experienced a net outflow of -1,648 ETH (-$3.03 million). Grayscale's ETHE reported the largest single outflow of 3,987 ETH (-$7.32 million), leaving its holdings at 1,144,481 ETH. These ETF outflows indicate increased selling pressure and suggest short-term bearish sentiment for both Bitcoin and Ethereum, which traders should closely monitor for potential impact on spot prices. (Source: Lookonchain, Twitter)