Markets· ★★★· neutral·

Bitcoin ETF inflows slow to $191M after Monday's record

  • —Thursday inflows of $191M were 81% below Monday's $999M peak
  • —Six-session inflows exceeded $2.8 billion
  • —BlackRock's IBIT took in $163M on the day and $1.35B over six sessions
  • —Year-to-date ETF flows turned positive at roughly $787M
Why it matters: The slowdown may be a pause after a rally, but demand sustainability is in question if BTC consolidates below $84,000.
Source: The Cryptonomist (IT)