Spot Bitcoin ETFs in the U.S. saw net inflows of $526.7 million in a single day—a sizable sum.
BlackRock’s IBIT remained in the lead, attracting the most inflows among its peers. Institutions are also continuing to build exposure through ETFs. BTC is currently trading around $82,700, up about 1% over the past 24 hours. Prices and fund flows are moving in the same direction for now, though overall trading volume hasn’t picked up much.
Can ETF inflows continue, and could they be key to this round of price stabilization? $BTC
BlackRock’s IBIT remained in the lead, attracting the most inflows among its peers. Institutions are also continuing to build exposure through ETFs. BTC is currently trading around $82,700, up about 1% over the past 24 hours. Prices and fund flows are moving in the same direction for now, though overall trading volume hasn’t picked up much.
Can ETF inflows continue, and could they be key to this round of price stabilization? $BTC