Bitcoin ETFs just had their strongest week of inflows this year.
$2.39B flowed into US spot Bitcoin ETFs over the week, with another $134.5M coming in on Friday alone.
That's a pretty serious amount of institutional demand, especially with Bitcoin still trading below the recent highs.
I'm watching to see whether these inflows continue from here.
If institutional demand stays this strong while $BTC starts pushing back towards the highs, that could become a very interesting combination.
SQNT #BTC Price Analysis# #Altcoin Season#UKFCAWinsCourtOrderToRecover851400Pounds
$2.39B flowed into US spot Bitcoin ETFs over the week, with another $134.5M coming in on Friday alone.
That's a pretty serious amount of institutional demand, especially with Bitcoin still trading below the recent highs.
I'm watching to see whether these inflows continue from here.
If institutional demand stays this strong while $BTC starts pushing back towards the highs, that could become a very interesting combination.
SQNT #BTC Price Analysis# #Altcoin Season#UKFCAWinsCourtOrderToRecover851400Pounds
