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CoinDesk Analysis: Bitcoin ETFs Attract $1.08 Billion in 3 Days, But Inflow Pace May Not Be Enough to Sustain Significant Gains
According to CoinDesk analysis, US spot Bitcoin ETFs have attracted $1.08 billion in the past three days, indicating a resurgence of institutional interest in cryptocurrencies. However, this inflow rate may not be sufficient to support a significant increase in Bitcoin's price. Historical data shows that during previous periods of substantial Bitcoin price appreciation, the average daily net inflow into ETFs was approximately $235 million, while the current average daily inflow (around $86 million) is significantly lower. Analysts note that for a sustained rally, the pace of capital inflows needs to remain robust.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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