Bitcoin ETF Inflows Hit $1.07 Billion in Three Days While Price Drops 2.4%
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Bitcoin ETF Inflows Hit $1.07 Billion in Three Days While Price Drops 2.4%
U.S. spot Bitcoin ETFs pulled in $1.07 billion over three consecutive sessions through Wednesday. Bitcoin dropped 2.4% anyway. The disconnect… Read the original on Bitcoin ETFs Pull In $1.07 Billion as Bitcoin Drops 2.4%. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Spot Bitcoin ETFs traded in the US experienced a significant inflow of funds, indicating a resurgence in institutional demand. The funds received over $1 billion in net investment over three trading days, with various data sources calculating the total to be between $1.07 billion and $1.08 billion. Wednesday's net inflow was reported to be approximately $524.8 million, compared to $526.7 million recorded on Monday. […] Source: Bitcoinsistemi.com
Bitcoin ETF Inflows Top $1 Billion in Three Days as BTC Price Momentum Comes Into Focus
US spot Bitcoin ETFs attracted more than $1 billion in net inflows across the three sessions from 19 to 21 October. Renewed fund demand has become a central story in cryptocurrency news, although Bitcoin’s subsequent pullback shows that stronger inflows and sustained price momentum don’t necessarily arrive together. The useful question is how these two signals […] The original article was published on %%sitedesc%%. Read more: %%permalink%%
The Bitcoin cash ETFs find buyers after several weeks of capital outflows. In three sessions, they attracted $1.07 billion, thus erasing the losses recorded since the beginning of the month of October. Yet, this investment recovery is not enough to sustain prices. The market remains under pressure, while investors are monitoring the next movements of the Federal Reserve. This lag questions the strength of the current rebound. The Bitcoin article…
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