Bitcoin ETFs See Fourth Day of Inflows, but Momentum Fades | ETF News

Yesterday, Bitcoin exchange-traded funds (ETFs) recorded over $85 million in inflows. This marked the fourth consecutive day of net positive movement into the asset class. However, while the continued inflows suggest a degree of investor confidence, daily inflow volume continues to fall as BTC struggles to regain bullish momentum. BTC ETFs Lose Steam as Profit-Taking Accelerates BTC closed at a low of $105,671 on Thursday as sellers continued to offload holdings to lock in profits from the recent rally source: https://beincrypto.com/bitcoin-spot-etfs-85-million-inflows/