Take a look at the net BTC ETF flows so far 🤔

in H4LAB Researchlast month (edited)

1000015973.jpg

Source: Apollo

The total net BTC(Bitcoim) ETF(Exchange-Traded Fund) flows started consolidating since Mar. Simultaneously, the BTC price has followed the tendency.

Yesterday, the net BTC ETF flow was 3,315 BTC. It's better than the net BTC ETF outflow. Hong Kong spot digital asset ETFs started trading around 3 weeks ago. It's just 3 weeks passed.

I expect that institutions will stack more BTC through spot BTC ETFs, and the market will be exponentially expanding than now. Imagine that what will be happening for the BTC price after the mass adoption.

Sort:  

This comment is for rewarding my analysis activities. Upvotings will be proceeded by @h4lab and @upex

Upvoted! Thank you for supporting witness @jswit.

Congratulations, your post has been upvoted by @upex with a 100.00% upvote. We invite you to continue producing quality content and join our Discord community here. Keep up the good work! #upex

Coin Marketplace

STEEM 0.19
TRX 0.12
JST 0.027
BTC 65022.21
ETH 3560.14
USDT 1.00
SBD 2.37