đš WALL STREET IS STILL BUYING BITCOIN đđ
Bitcoin may be moving sideways around the $83Kâ$84K zone, but institutional money is telling a different story.
U.S. Spot Bitcoin ETFs just recorded around $191M in net inflows, marking 6 consecutive trading days of positive flows. đ„
Hereâs where the money went:
đ„ BlackRock IBIT: +$163M
đ„ Fidelity FBTC: +$12.86M
đ» WisdomTree BTCW: -$4.02M
BlackRock continues to dominate the flow picture, while total Spot Bitcoin ETF assets have climbed to roughly $108.91B.
And the bigger picture is interesting đ
Even with BTC struggling to make a strong move higher and Treasury yields putting pressure on risk assets, institutional demand hasnât disappeared.
The question is:
Are these ETF inflows a sign that institutions are positioning for the next Bitcoin move? đ€
Or could the market still see another pullback before the next big move?
Iâm watching the ETF flows closely. đđ„
#Bitcoin #BTCâïž #CryptoNews #BitcoinETF #Crypto
Bitcoin may be moving sideways around the $83Kâ$84K zone, but institutional money is telling a different story.
U.S. Spot Bitcoin ETFs just recorded around $191M in net inflows, marking 6 consecutive trading days of positive flows. đ„
Hereâs where the money went:
đ„ BlackRock IBIT: +$163M
đ„ Fidelity FBTC: +$12.86M
đ» WisdomTree BTCW: -$4.02M
BlackRock continues to dominate the flow picture, while total Spot Bitcoin ETF assets have climbed to roughly $108.91B.
And the bigger picture is interesting đ
Even with BTC struggling to make a strong move higher and Treasury yields putting pressure on risk assets, institutional demand hasnât disappeared.
The question is:
Are these ETF inflows a sign that institutions are positioning for the next Bitcoin move? đ€
Or could the market still see another pullback before the next big move?
Iâm watching the ETF flows closely. đđ„
#Bitcoin #BTCâïž #CryptoNews #BitcoinETF #Crypto
