Santiment: Bitcoin spot ETFs have seen net inflows of more than $6.6 billion in the past five weeks, which is usually a bullish signal
Santiment stated on social media platforms that Bitcoin spot ETFs are experiencing large-scale capital inflows, a trend that began in mid-April. Over the past 5 weeks, the net inflow total of Bitcoin ETFs has reached $6.63 billion. Historical data shows that this is typically a strong bullish signal for future price increases in Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
