Crypto ETFs just pulled in $2.39 BILLION this week, including a record $999 MILLION in a single session. 📈
And it happened despite two headwinds that should've scared money away:
⚠️ The Bitget hack fallout, with customers pulling about $463M in withdrawals in 24 hours
📊 US Treasury yields sitting above 5%, with the 10-year at 5.25% and the 30-year at 5.57%
Meanwhile $BTC is stuck in a tight range, $82,580 to $85,210, holding steady around $83,600-$84,000 as traders wait on today's PCE inflation report.
The takeaway: institutional demand through ETFs isn't flinching, even when the headlines are rough. That's a different kind of signal than price action alone.
Does this ETF strength mean the next breakout is coming, or is it just steady accumulation before more chop? 👇
#bitcoin #etf #CryptoNews #BinanceSquare
And it happened despite two headwinds that should've scared money away:
⚠️ The Bitget hack fallout, with customers pulling about $463M in withdrawals in 24 hours
📊 US Treasury yields sitting above 5%, with the 10-year at 5.25% and the 30-year at 5.57%
Meanwhile $BTC is stuck in a tight range, $82,580 to $85,210, holding steady around $83,600-$84,000 as traders wait on today's PCE inflation report.
The takeaway: institutional demand through ETFs isn't flinching, even when the headlines are rough. That's a different kind of signal than price action alone.
Does this ETF strength mean the next breakout is coming, or is it just steady accumulation before more chop? 👇
#bitcoin #etf #CryptoNews #BinanceSquare