Bitcoin spot ETFs just hit a turning point this week. After weeks of bleeding, the funds finally flipped back into positive territory with $70M in net inflows.
This marks a notable shift in sentiment. The outflow streak that had traders questioning institutional appetite seems to be cooling off. Whether this is just a brief pause or the start of sustained buying remains to be seen, but the numbers don't lie—money's moving back in.
For those tracking BTC market momentum, ETF flows often serve as a proxy for institutional positioning. A positive week doesn't guarantee a trend reversal, but it's definitely worth watching. Especially with volatility still running high and macro conditions staying unpredictable.
The $70M figure might not sound massive compared to the billions that moved during the initial ETF launch hype, but context matters. After consecutive red weeks, any green is a signal that some players are stepping back in.
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ChainSpy
· 11-30 22:51
How much is 70M? This is a tentative Build a Position, right?
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RadioShackKnight
· 11-29 22:55
70m is nothing, if it really needs to reverse, we have to look at the performance in the next few weeks.
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FastLeaver
· 11-29 22:55
70M is nothing, just waiting for the moment when the institutions really make a strong push.
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TeaTimeTrader
· 11-29 22:53
70M is back, the institutions still haven't completely run away.
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PretendingToReadDocs
· 11-29 22:45
70M? This amount of money is indeed not enough, but it at least indicates that the institutions have not completely Rug Pulled.
Bitcoin spot ETFs just hit a turning point this week. After weeks of bleeding, the funds finally flipped back into positive territory with $70M in net inflows.
This marks a notable shift in sentiment. The outflow streak that had traders questioning institutional appetite seems to be cooling off. Whether this is just a brief pause or the start of sustained buying remains to be seen, but the numbers don't lie—money's moving back in.
For those tracking BTC market momentum, ETF flows often serve as a proxy for institutional positioning. A positive week doesn't guarantee a trend reversal, but it's definitely worth watching. Especially with volatility still running high and macro conditions staying unpredictable.
The $70M figure might not sound massive compared to the billions that moved during the initial ETF launch hype, but context matters. After consecutive red weeks, any green is a signal that some players are stepping back in.