Surging real interest rates and slowing spot ETF inflows are hitting Bitcoin demand hard. Bitfinex data shows that the AER indicator, which measures institutional demand versus miner selling pressure, has plummeted from 5.3x in late February to 1.3x, with demand barely absorbing the daily addition of 450 BTC. Additionally, the 10-year TIPS yield has reached a new high since June 2025 (2.12%), coupled with rising oil prices tightening financial conditions, pulling funds away from zero-yield assets and potentially limiting BTC's short-term rebound potential. (CoinDesk) https://(wublock123.com)/news/bitcoin-demand-weakens-as-interest-rates-surge-spot-etf-flows-cool-58878