Hidden Liquidation Risk in the Bitcoin Market: The Critical $39,900 Level is on the Agenda

While capital flows into US spot Bitcoin ETFs have been volatile recently, the way institutional investors take risks is also changing. According to CryptoSlate’s analysis dated July 30, 2026, ETF inflows and outflows no longer fully reflect institutional demand; because large investors are accessing Bitcoin not only directly through ETFs but also through income-sharing funds, […]

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