The Bitcoin landscape has changed after the recent FOMC meeting in the US. Local investors have pulled funds from ETFs and the Coinbase Premium Index has fallen to yearly lows. However, on-chain data shows that US investors are returning to BTC. 📈
ETF demand is back: Net inflows reached $908.1 million on January 3. The Coinbase Premium Index has also returned to neutral, suggesting that investors are accumulating BTC again. 🚀