βnews BusinessCrypto first seen 3 h ago, last 40 min ago, peak #9
US spot Bitcoin ETFs take in $102.7 million in daily inflows
Original: JUST IN: πΊπΈ U.S. Spot Bitcoin ETFs saw $102.7 million in inflows yesterday π
United States spot Bitcoin exchange-traded funds recorded $102.7 million in net inflows in a single day. Market watchers treat ETF flow figures as a signal of institutional demand for Bitcoin, and sustained inflows are often read as bullish for the cryptocurrency's price. Traders are watching whether the buying momentum continues in coming sessions.
Why now: Large daily ETF inflows are seen as a bullish signal for Bitcoin's price and a measure of institutional demand.
BitcoinUS spot Bitcoin ETFsUnited States
Evidence
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