🟢 Bitcoin ETFs just recorded 8 straight days of inflows.
Spot Bitcoin ETFs in the US recorded a net inflow of $232.12M in yesterday’s session, marking 8 consecutive days of money flowing in.
Leading the pack is BlackRock IBIT with $200.76M, while Grayscale’s Bitcoin Mini Trust pulled in an additional $46.83M.
On the other hand, GBTC saw $50.39M withdrawn.
The total cumulative net inflow of spot BTC ETFs is now around $54.59B, with total net assets of about $98.63B. '
What’s worth noting isn’t a single day of $232M.
It’s 8 consecutive days.
When institutional capital is still flowing in steadily while BTC is fluctuating, this is a fairly meaningful signal to keep an eye on.
Eight days of buying. Someone forgot to tell the institutions the market is supposed to be scary. 💀
Do you think ETF flows will keep extending the inflow streak, or are we about to see a familiar “ETF inflow → BTC dump” move? 👀
#bitcoin $BTC
#BitcoinETFs #IBIT #blackRock
Spot Bitcoin ETFs in the US recorded a net inflow of $232.12M in yesterday’s session, marking 8 consecutive days of money flowing in.
Leading the pack is BlackRock IBIT with $200.76M, while Grayscale’s Bitcoin Mini Trust pulled in an additional $46.83M.
On the other hand, GBTC saw $50.39M withdrawn.
The total cumulative net inflow of spot BTC ETFs is now around $54.59B, with total net assets of about $98.63B. '
What’s worth noting isn’t a single day of $232M.
It’s 8 consecutive days.
When institutional capital is still flowing in steadily while BTC is fluctuating, this is a fairly meaningful signal to keep an eye on.
Eight days of buying. Someone forgot to tell the institutions the market is supposed to be scary. 💀
Do you think ETF flows will keep extending the inflow streak, or are we about to see a familiar “ETF inflow → BTC dump” move? 👀
#bitcoin $BTC
#BitcoinETFs #IBIT #blackRock
