Part 4/14:
Bitcoin remains flat on a yearly basis, illustrating resilience amid volatile conditions. The broader environment remains interesting, especially with the ongoing Bitcoin ETF developments. The analyst has been closely tracking inflows and outflows, miner behavior, and liquidity flows to assess the health of Bitcoin markets.
ETF Ecosystem: Analyzing the Fund Flows
A significant focus is placed on ETF activity, which has experienced a positive trajectory over the past 11 days. Here's the key takeaway:
- Total inflow into Bitcoin ETFs has surpassed $5.8 billion, signaling strong institutional interest.