💡 U.S. Spot #Bitcoin ETF Shows New Strength!
On December 26, U.S. spot Bitcoin ETF inflows reached $475.2 million, as institutional confidence rebounds, mainly due to:
*/#Authenticity FBTC: $254.4 million
*/ARK's ARKB: $186.9 million
*/#BlackRock EBITDA: $56.6 million
Following last week's outflow of $1.51 billion, this surge indicates that investors are regaining optimism about digital assets.
📉Short-term: $BTC, despite the ETF inflows, is still down 3% to $94,975, with analysts predicting it could drop to $60,000.
📈Long-term: Institutional interest, including Bitwise's ETF application, has enhanced the bullish outlook for Bitcoin.