PANews, June 17th news, according to Matrixport analysis, Bitcoin ETF has attracted 11.2 billion USD in new capital inflows over the past eight weeks, but the Bitcoin price has only risen by about 10%. This moderate rise may reflect some market participants selling to take advantage of the situation or a sentiment of waiting and getting back on board.
Overall, the Bitcoin market has established a stable buying support, although the sources of buying continue to change, there has been almost no sustained net outflow from the ETF. Additionally, compared to the period of Trump’s election, MicroStrategy’s current accumulation pace appears slightly slower, but the steady inflow of funds still provides solid support for Bitcoin prices.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
