Skip to main content
GET
/
indicator
/
demand-monitor
/
etf-demand
ETF Bitcoin Demand 30-days
curl --request GET \
  --url https://api.cryptoquant.com/v2/indicator/demand-monitor/etf-demand \
  --header 'Authorization: Bearer <token>'
{
  "status": {
    "code": 123,
    "message": "<string>"
  },
  "result": {
    "window": "<string>",
    "data": [
      {
        "date": "<string>",
        "chg_30d_btc": 123,
        "chg_1y_btc": 123
      }
    ]
  }
}

​
What it measures

Net cumulative BTC purchased or sold by US spot Bitcoin ETFs over a 30-day and 1-year rolling window.

​
How to interpret it

30-day. Positive = ETFs are net buyers. Negative = net sellers. Accelerating = institutional conviction growing. Decelerating even while positive = fading conviction. 1-year. Reveals whether institutional adoption is genuinely growing structurally or temporarily. Allows direct year-over-year comparison of institutional participation.

​
Key thresholds

~9K BTC/day avg (Q1 2024) = peak buying pace; 5–8K BTC/day = strong demand; Near 0 or negative = net selling mode; ETF demand = ~33% of total demand at Dec 2024 peak

​
How to use it

Monitor alongside broader apparent demand. ETF demand alone is insufficient to drive ATH rallies without expanding total market demand.

Run this metric in CryptoQuant Analytics

Authorizations

​
Authorization
string
header
required

For each API request, include the Authorization HTTP header with Bearer {access_token}.

Query Parameters

​
window
string
default:day

Time interval for aggregation.

​
from
string

Starting time, formatted as YYYYMMDDTHHMMSS (UTC). If window=day, YYYYMMDD is also accepted.

​
to
string

Ending time, formatted as YYYYMMDDTHHMMSS (UTC). If window=day, YYYYMMDD is also accepted.

​
limit
integer

Maximum number of data rows to return.

Response

200 - application/json

Monitoring Bitcoin demand

​
status
object
required

Returned with every response; indicates whether the request was successful.

​
result
object
required