
Bitcoin ETF Cumulative Flows Near Record Highs, Balchunas Says
- —Daily net inflow into Bitcoin ETFs reached 628 BTC ($53.48M)
- —Seven-day net flow stood at 8,716 BTC ($742.56M)
- —Cumulative flows are nearing record highs
- —Balchunas flagged resilient demand despite market volatility
Why it matters: Sustained ETF inflows underpin Bitcoin demand and could help stabilize the market in the coming weeks.
Source: Coinfomania