US spot Bitcoin ETFs recorded $853.5M in net inflows last week, their strongest weekly inflow since mid April.
That’s a notable return of demand from traditional markets. After weeks of weaker flows, nearly $1B entering Bitcoin ETFs in a single week suggests investors are becoming more comfortable adding exposure again.
If the inflows continue, it could provide a stronger demand base for $BTC
and help absorb selling from miners and other large holders.
#btc
That’s a notable return of demand from traditional markets. After weeks of weaker flows, nearly $1B entering Bitcoin ETFs in a single week suggests investors are becoming more comfortable adding exposure again.
If the inflows continue, it could provide a stronger demand base for $BTC
and help absorb selling from miners and other large holders.
#btc