U.S. Spot Bitcoin ETFs recorded a net inflow of $15.1 million yesterday, reversing a period of heavy outflows. While BlackRock’s IBIT saw a $9.4 million exit, Fidelity’s FBTC absorbed $12 million in new capital. This suggest that while some institutions are de-risking due to strong U.S. jobs data, others are actively accumulation at these sub-$70k levels. $BTC #GateSquare$50KRedPacketGiveaway
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ETF Flows Show Institutional "Dip Buying"
U.S. Spot Bitcoin ETFs recorded a net inflow of $15.1 million yesterday, reversing a period of heavy outflows. While BlackRock’s IBIT saw a $9.4 million exit, Fidelity’s FBTC absorbed $12 million in new capital. This suggest that while some institutions are de-risking due to strong U.S. jobs data, others are actively accumulation at these sub-$70k levels. $BTC #GateSquare$50KRedPacketGiveaway