ETF is still being bought
Let the market settle first, then talk
In the US, the $BTC ETF added another 350 million
It was even more aggressive in the past few days
The $ETH ETF also continues to see net inflows of about 100 million
Yet the price is still grinding back and forth between 8.4 and 8.5
Money entering the market
doesn’t mean it only goes up and never down on the same day
My take:
Institutional trading is acting as mid-term support
not as a hedge insurance to prevent pullbacks
Don’t translate the headline as “pump again immediately to 8.7”
#spot #BTC #ETF
Let the market settle first, then talk
In the US, the $BTC ETF added another 350 million
It was even more aggressive in the past few days
The $ETH ETF also continues to see net inflows of about 100 million
Yet the price is still grinding back and forth between 8.4 and 8.5
Money entering the market
doesn’t mean it only goes up and never down on the same day
My take:
Institutional trading is acting as mid-term support
not as a hedge insurance to prevent pullbacks
Don’t translate the headline as “pump again immediately to 8.7”
#spot #BTC #ETF
