๐จ MARKET UPDATE: โฟ๐
U.S. spot Bitcoin ETFs have attracted $619.3 million in consecutive net inflows since the July 13 selloff, which previously saw $424.7 million in net outflows. The sharp reversal suggests institutional demand has quickly returned despite recent market volatility.
Leading the recovery is BlackRock's iShares Bitcoin Trust ($IBIT), which accounted for $506.1 million of the inflowsโnearly 82% of the totalโhighlighting its continued dominance among spot Bitcoin ETF products.
The sustained inflows point to resilient institutional confidence in Bitcoin. Investors will be watching whether ETF demand remains strong enough to help BTC break above key resistance levels and extend its upward momentum. ๐๐
#BitcoinETFsPostLongestInflowStreakSinceMay BitcoinHitsOneMonthHigh$65700ThenPullsBackBitcoinReclaims$65K
$BTC
$ERA
$ONE
U.S. spot Bitcoin ETFs have attracted $619.3 million in consecutive net inflows since the July 13 selloff, which previously saw $424.7 million in net outflows. The sharp reversal suggests institutional demand has quickly returned despite recent market volatility.
Leading the recovery is BlackRock's iShares Bitcoin Trust ($IBIT), which accounted for $506.1 million of the inflowsโnearly 82% of the totalโhighlighting its continued dominance among spot Bitcoin ETF products.
The sustained inflows point to resilient institutional confidence in Bitcoin. Investors will be watching whether ETF demand remains strong enough to help BTC break above key resistance levels and extend its upward momentum. ๐๐
#BitcoinETFsPostLongestInflowStreakSinceMay BitcoinHitsOneMonthHigh$65700ThenPullsBackBitcoinReclaims$65K
$BTC
$ERA
$ONE