$754 million to buy BTC, but the price hardly moved (still trading in a range)—this is more worth investigating than just a simple rise
U.S. spot BTC ETFs haven’t seen net outflows since August, but BTC is still hovering around $64,700
So the real question isn’t “whether institutions are buying”
but rather:
with so much real buying coming in, who on the other side is continuously selling?
If ETF inflows continue and selling pressure starts to fade, the price reaction could suddenly become completely different
People are debating whether this is accumulation—or whether ETFs are helping someone else offload inventory?
#BTC #etf $BTC
U.S. spot BTC ETFs haven’t seen net outflows since August, but BTC is still hovering around $64,700
So the real question isn’t “whether institutions are buying”
but rather:
with so much real buying coming in, who on the other side is continuously selling?
If ETF inflows continue and selling pressure starts to fade, the price reaction could suddenly become completely different
People are debating whether this is accumulation—or whether ETFs are helping someone else offload inventory?
#BTC #etf $BTC