According to Farside Investors, Bitcoin traded at $98,788 with a 2.53% daily gain, while the March 2026 Deribit Bitcoin Future reached $104,496, reflecting a 2.66% rise and an annualised basis rate of 6.43%. Bitcoin ETF inflows totaled $142.3 million in the previous day, signaling strong institutional demand. Ethereum also saw notable upward movement, rising 3.89% to $1,898. In contrast, gold and silver experienced declines, falling 0.5% and 1.17% respectively, with crude oil at $58.59. These data points suggest robust crypto momentum, driven by sustained ETF inflows and positive futures premiums, offering traders bullish sentiment cues for both spot and derivatives markets (source: Farside Investors, Twitter, May 8, 2025).

According to Crypto Rover on Twitter, Binance founder CZ emphasized that the opportunity to buy crypto before significant government accumulation is rapidly disappearing, as governments are actively entering the market (source: @rovercrc, May 8, 2025). For traders, this highlights a narrowing window for early positioning in Bitcoin and other cryptocurrencies, potentially fueling increased demand and price volatility. The statement underscores the urgency for market participants to reassess entry strategies as institutional and sovereign demand accelerates, which could impact short-term liquidity and long-term supply dynamics.

According to Farside Investors, the latest daily flow report shows that the WisdomTree Bitcoin ETF recorded zero net inflows on May 8, 2025 (source: @FarsideUK, farside.co.uk/btc). This stagnation in ETF activity suggests subdued institutional demand for Bitcoin exposure through WisdomTree, potentially signaling a wait-and-see approach by investors. Traders should monitor ETF flow trends closely, as sustained lack of inflows can reflect broader hesitation in the US crypto market and may impact short-term Bitcoin price momentum.

According to Eric Balchunas, IBIT ETF recorded another $500 million inflow yesterday, marking a 15-day streak and moving it to 6th place in year-to-date fund flows, surpassing GLD despite IBIT being up only 4% versus GLD's significant rally. This sustained capital inflow into IBIT, even during modest performance, is viewed as a strong sign of long-term investor confidence in crypto ETFs, potentially signaling sustained institutional interest and support for Bitcoin price stability. Traders should note the robust demand for spot Bitcoin exposure through regulated instruments, which may drive further positive sentiment and liquidity in the broader cryptocurrency market (source: Eric Balchunas on Twitter, May 6, 2025).