TechFlow news, February 20 — CryptoQuant CEO Ki Young Ju stated that while Bitcoin ETF demand has slowed somewhat, it continues to maintain a net inflow status.
He noted that the current bull cycle will continue until there is clear evidence of outflows from ETFs, with sustained net outflows signaling the beginning of a bear market cycle.
Ki Young Ju emphasized that in the market, only supply and demand truly matter—everything else is just noise.




