BREAKING
290d 16h ago

Bitcoin Spot ETF Sees $2.759 Billion in Net Inflows Over 5 Days: A Deep Dive into Recent Trends

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

According to recent data from Farside Investors, the US Bitcoin spot ETF has exhibited a robust performance, recording net inflows for five consecutive trading days starting from April 17th. This impressive streak has culminated in a total net inflow of $2.759 billion, reflecting growing investor confidence in the cryptocurrency market. The sustained interest in Bitcoin ETFs underscores a shift in investment strategies, as more institutional and retail investors look to capitalize on the digital asset’s potential. With regulatory scrutiny ongoing, the performance of Bitcoin ETFs may serve as a critical barometer for the overall health of the crypto market. Such trends highlight the increasing normalization of cryptocurrencies within traditional finance, thereby establishing a strong precedent for future investment opportunities in this volatile yet promising space.

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