š $3B inflow into Bitcoin ETFs in a week: safe haven or farming premium?
Despite ongoing global turbulence, Bitcoin ETFs saw a record $3B inflow last week ā the second-best result since spot ETFs launched.
⢠Not only BlackRock ($1,446M) posted gains ā Ark Invest ($621M), Fidelity ($574M), and Bitwise ($117M) also saw inflows.
⢠CME funding rates remain low (5% APR), suggesting limited basis trade (spot long vs futures short) activity.
⢠BTC surged from $85,000 to $96,000 (+12.94%) during the week.
⢠Most inflows appear organic, not speculative arbitrage ā a strong sign for Bitcoinās long-term market resilience.