One we have never seen in bear markets, only in bull markets.
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tldr; US-traded spot Bitcoin ETFs have experienced a five-day inflow streak, bringing in over $767 million in fresh capital, with BlackRock’s iShares Bitcoin Trust (IBIT) accounting for $600 million of the total. This marks the longest daily inflow streak this year, breaking a four-month period of net outflows. The resurgence in demand coincides with Bitcoin’s price recovery and suggests growing institutional interest in Bitcoin ETFs as a hedge against market instability during geopolitical tensions.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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We are also on a record daily green day streak!
One we have never seen in bear markets, only in bull markets.
tldr; US-traded spot Bitcoin ETFs have experienced a five-day inflow streak, bringing in over $767 million in fresh capital, with BlackRock’s iShares Bitcoin Trust (IBIT) accounting for $600 million of the total. This marks the longest daily inflow streak this year, breaking a four-month period of net outflows. The resurgence in demand coincides with Bitcoin’s price recovery and suggests growing institutional interest in Bitcoin ETFs as a hedge against market instability during geopolitical tensions.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.