$BTC ETF funds flow back again!
Net inflow in a single day reaches as much as $189.3 million, with institutions such as BlackRock continuing to accumulate.
This pullback has not scared off institutional funds; spot buying demand has picked up again.
Previously, ETF fund flows experienced repeated fluctuations. Now, returning to net inflows indicates that traditional capital’s demand to allocate to Bitcoin still exists.
#BTC走势分析
Key to watch: whether the inflows can be sustained.
If the ETF continues to absorb spot supply and whale funds at lower levels keep picking up, then as net inflows persist, the selling pressure above will gradually be absorbed.
With the ETF restarting its accumulation, the bulls add an important tranche of positioning. If funds keep coming in, the upside momentum for BTC may be strengthened further.