🟢 Bitcoin ETFs pulled in $526.6M, the biggest day since Sept 22, but IBIT was the only fund with inflows. That is a concentrated bid 👀. Bitcoin is back above the $81.5K ETF cost basis, yet the real test is a daily close above $88K with repeat inflows from more than one issuer.
Is a one-fund IBIT inflow enough to trust a push toward $88K, or do you need broader ETF participation first? 👇
#bitcoin #etf #ibit #glassnode #ethereum
Is a one-fund IBIT inflow enough to trust a push toward $88K, or do you need broader ETF participation first? 👇
#bitcoin #etf #ibit #glassnode #ethereum