Bitcoin Dips, But Don’t Panic: ETFs See Three Days Of Bullish Inflow

Bitcoin Dips, But Don’t Panic: ETFs See Three Days Of Bullish Inflow
The recent approval of Bitcoin exchange-traded funds (ETFs) by the SEC sent jitters through the financial world. Initial concerns about fading demand seem unfounded as Bitcoin ETFs continue to shatter trading volume records. This is further bolstered by three consecutive sessions of net inflows into these investment vehicles. Related Reading: Solana Primed For Takeoff? Expert Analysis Points To Buying Opportunity Bitcoin ETF Inflows Signal Long-Term Investor Appetite A recent dip in ETF activity sparked fears that the initial excitement might be short-lived. However, those fears have been quelled by a resurgence in inflows. According to data from SoSoValue, yesterday saw a net inflow of $203 million into Bitcoin spot ETFs, marking the third straight day of positive inflow. This sustained green streak suggests that investors remain interested in gaining exposure to the top crypto through ETFs, potentially anticipating a price surge due to the upcoming Bitcoin halving – a pre-programmed code update that cuts production in half, historically leading to price increases. BlackRock’s Bitcoin ETF Leads The Pack BlackRock, the world’s largest asset manager, has emerged ..

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