Institutional Money Still Flowing into Bitcoin
📌 Institutional Watch – June 19
U.S. spot Bitcoin ETFs pulled in $388M–$389M yesterday—marking their eighth straight day of inflows, totaling $2.4B+ over the week .
BlackRock’s IBIT and Fidelity’s FBTC are leading the charge, with growing on-chain momentum even amid rate uncertainty .
Technicals are showing a potential breakout soon: BTC still bouncing off its 50-day EMA at ~$103K, ask liquidity building near $106K .
Take:
Volume is backing price. Institutional cash flow is steady, technicals suggest a possible squeeze—and macro conditions may just be clearing for the next move.$BTC
