Briefly & to the point

  • The Bitcoin price rose, even before the inflow of $1 billion into ETFs was recorded on Monday.

  • A short squeeze—not the ETF buying—appears to have triggered this rally.

  • Spot-ETF inflows rise once the Bitcoin price turns

Read the original story: Bitcoin ETFs record a billion-dollar inflow on Monday: Are they driving this rally or simply following it? by Darryn Pollock on de.beincrypto.com

#BTC #ETF