Bitcoin ETFs Hold Strong as BTC Dips Below $104K
What’s keeping Bitcoin spot ETFs so steady while BTC takes a hit? Despite Bitcoin slipping below $104,000, these ETFs are showing some serious grit. Data from Santiment, as reported by Foresight News, shows net inflows for five straight days, racking up over $1.464 billion since June 9. That’s a big vote of confidence from investors!
For crypto fans, this is worth a second look. While BTC’s price drop might have some folks sweating, these ETF inflows suggest big players aren’t backing down. It’s like they’re saying, “We’re still betting on Bitcoin’s long game.” Could this steady cash flow signal a rebound, or is it just a blip? Either way, it’s a reminder of why Bitcoin stays in the spotlight.
Here at One More Cent, we’re digging deeper into what’s driving this trend. Our next community chat will tackle how ETF moves like these might shake up your crypto strategy—details coming soon. Stay in the loop and keep stacking those sats!
