📉 Bitcoin ETF Inflow Just Hit A Pause.
The 9-day party just ended.
U.S. soot Bitcoin ETFs recorded about $200M in net inflows on August 28, breaking a nine-day inflow streak that brought in roughly $3B
This doesn't necessarily mean institutions are abandoning Bitcoin. After such a strong run, some profit-taking and rebalancing isn't exactly surprising.
If ETF inflows return next week, the recent demand could still be intact but if outflows continues, that's also something interesting to watch 🙂
GM GM..
#BitcoinSpotETFEnds9DayInflowStreak
#AntiQuantumBitcoinTransactionMinedOnMainnet
#NYSilverFuturesDrop3%
The 9-day party just ended.
U.S. soot Bitcoin ETFs recorded about $200M in net inflows on August 28, breaking a nine-day inflow streak that brought in roughly $3B
This doesn't necessarily mean institutions are abandoning Bitcoin. After such a strong run, some profit-taking and rebalancing isn't exactly surprising.
If ETF inflows return next week, the recent demand could still be intact but if outflows continues, that's also something interesting to watch 🙂
GM GM..
#BitcoinSpotETFEnds9DayInflowStreak
#AntiQuantumBitcoinTransactionMinedOnMainnet
#NYSilverFuturesDrop3%