🚀 Bitcoin ETF Inflows & Outflows: The Game of Numbers! 💰
Today, Bitcoin ETF recorded an inflow of US$486.10 million, but why are there large outflows in some products? 🤔 Fidelity Wise Origin Bitcoin Fund (FBTC) lost the most funds with an outflow of US$128.20 million, followed by Grayscale (GBTC) US$84.70 million.
🔥 Meanwhile, iShares Bitcoin Trust (IBIT) is still the king of inflows with US$733.60 million! This is proof that the market still believes in greater Bitcoin adoption.
But wait, there's something even more interesting—Bitcoin just hit an All Time High (ATH) of US$108,268! 🎉 This momentum could be an opportunity or a signal to be careful.
👉 Is this a sign that institutions are becoming more optimistic or is it time for retailers to be more careful? Come on, drop your thoughts in the comments column! 📩
