💰 Spot Bitcoin ETFs are seeing huge inflows!
🔥 In the last 24 hours, spot Bitcoin ETFs in the US received $164.6 million in net inflows, of which $131 million went to the IBIT fund from BlackRock. This is one of the largest daily inflows in recent weeks!
📊 What does this mean for the market?
Increased interest from institutional investors
Support for the BTC price — even amidst volatility
Strengthening the status of BTC as a reliable hedge asset
📉 At the same time, the BTC price temporarily retreated to $107,865, which may provide an opportunity to enter before a new impulse.
💬 What do you think: is the inflow into ETFs a signal for growth or a trap for long traders?
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