According to CoinMeta, as reported by Coinpaper, despite Bitcoin ETF recording inflows of funds, the price of Bitcoin may still fall. This is because the demand from ETF is only a part of the market, and other holders might sell their Bitcoins, exceeding the purchasing volume of ETF related buyers. Coinpaper documents the situation in July 2026, when US spot Bitcoin ETF attracted $233.1 million in inflows in one report, yet the price of Bitcoin subsequently fell below $64,500.