Spot Bitcoin ETFs break four-week outflow streak with $70M in weekly inflows 📈
Spot Bitcoin ETFs have reversed a trend of four consecutive weeks of outflows, attracting $70 million in weekly inflows. This marks a positive turn in the cryptocurrency market, reflecting renewed investor interest. Similarly, Ether ETFs have also shown positive movement, further bolstering the overall market sentiment.
Analysts are optimistic about a potential Bitcoin price bottom, as these inflows indicate a strengthening market. The inflow into Bitcoin ETFs suggests that investors are regaining confidence, possibly driven by favorable market conditions and analysis of future growth potential in the cryptocurrency sector.
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