Folks, don’t just look at the daily inflows!!!
CoinDesk broke it down: US spot BTC ETFs took in around $1.08 billion over three days this week—that sounds huge, right? But during some of the biggest rallies in the past, average daily net inflows had to top roughly $200 million. Since July, the daily average has only been about $86 million, so we’re still a ways off that pace haha.
I’m saying yesterday’s $500 million inflow was fantastic, but for a steep rally to take off, we need steady, sustained inflows—not just the occasional big spike and that’s it~
Do you think they can keep pulling in $200M+ every day from here, or will inflows fade again?
$BTC
CoinDesk broke it down: US spot BTC ETFs took in around $1.08 billion over three days this week—that sounds huge, right? But during some of the biggest rallies in the past, average daily net inflows had to top roughly $200 million. Since July, the daily average has only been about $86 million, so we’re still a ways off that pace haha.
I’m saying yesterday’s $500 million inflow was fantastic, but for a steep rally to take off, we need steady, sustained inflows—not just the occasional big spike and that’s it~
Do you think they can keep pulling in $200M+ every day from here, or will inflows fade again?
$BTC