IBIT
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Why Inflows Into Spot Bitcoin ETFs Don’t Push Prices Up
The Bitcoin Spot ETFs are a gateway for institutional inflows into Bitcoin, potentially driving up prices. However, on the 29th and 30th October over $1.763 Billion USD flowed into the Bitcoin ETFs*. During this period the BTC/USD price barely moved. Here’s a closer look at why spot Bitcoin ETF inflows don’t always translate into an…
