US spot Bitcoin ETFs recorded $917 million in net inflows on Wednesday, according to Farside, pushing the three-day total above $1.4 billion.
Notably, the $917 million inflows on Wednesday marginally exceeded the previous record of $912 million recorded just 24 hours earlier.
But with Trump now softening his stance on trade tariffs, official sources suggest the US and China are nearing a deal to slash current tariffs by up to 50%.
With market confidence returning to the US stock market, demand for BTC among the US-based corporate holders of Bitcoin ETFs could drop off from the current unusual peaks.
If this scenario plays out, Bitcoin price could struggle to break above the $95,000 mark, without an additional bullish market catalyst.
