Spot Bitcoin ETFs saw $432 million in inflows, a significant increase from previous days. This shows growing institutional interest in the first cryptocurrency despite the current market correction.
📈 Why is this important?
Spot ETF inflows indicate that major players are confident in the long-term outlook for Bitcoin. It may also serve as an indicator that the current correction may be temporary and that a price recovery is expected in the future.
🧠 What does this mean for investors?
Long-term outlook: Growing institutional interest may support Bitcoin’s price in the long term.
Short-term fluctuations: Despite the current correction, ETF inflows may indicate a potential price recovery in the future.
