US Spot $BTC ETFs just hit 3 straight days of inflows.

$137.3M yesterday. $423.6M total over 3 days.

That's a sharp reversal from the $773.5M bloodbath on Oct 22-23.

BlackRock's IBIT ate up nearly all of yesterday's flow. Institutional appetite is back.

Spot demand is heating up. Question is: can this translate into sustained buy pressure or just another head fake before the next dump?

Watch the tape closely.