⚠️ Bitcoin ETF saw massive buying!

From July 28 to August 24, within one month

Bitcoin ETFs were being bought heavily.

“ETF” refers to TradFi (companies that manage banking and specialized financial investments)

This means people are buying Bitcoin.

Outflows were recorded only on 6 days

while inflows were recorded on 15 days.

The amount shown as outflow is USD 640 million,

and the amount shown as inflow is up to USD 2,722 million.

In other words, inflows are 4.25x higher than outflows.

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