BlackRock's Bitcoin ETF logs biggest day in a year, yet crypto keeps falling
- —IBIT recorded its biggest daily inflow in a year
- —Crypto prices fell despite the ETF inflows
- —ETF demand is not translating into spot BTC price gains
Why it matters: The gap between ETF inflows and price action shows institutional buying alone is not enough to offset spot selling pressure.
Source: Google News (crypto query)