🇺🇸 BITCOIN ETFS
US spot Bitcoin ETFs draw $440.8M over four straight sessions ahead of the sell-off after the Binance hack
💡 Why it matters: The steady inflows show institutions were buying Bitcoin through ETFs right before the Binance shock. If demand holds after the hack, it could support the price; if money starts leaving the funds, selling pressure could grow.
📊 Impact: $IBIT ▲
✅ Winners: Bitcoin, BlackRock, crypto ETF issuers
⚠️ Losers: Crypto exchanges, if investors lose confidence
#Crypto #ETF
US spot Bitcoin ETFs draw $440.8M over four straight sessions ahead of the sell-off after the Binance hack
💡 Why it matters: The steady inflows show institutions were buying Bitcoin through ETFs right before the Binance shock. If demand holds after the hack, it could support the price; if money starts leaving the funds, selling pressure could grow.
📊 Impact: $IBIT ▲
✅ Winners: Bitcoin, BlackRock, crypto ETF issuers
⚠️ Losers: Crypto exchanges, if investors lose confidence
#Crypto #ETF
