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Bitcoin ETFs have erased a $5.8 billion hole
Published Source: CoinDeskRead original
Crypto Insight Summary: At one point in July, ETFs were down $5.8 billion in net outflows for the year. Now, that’s turned into $800 million in net inflows. Crypto Insight Analysis: Direction: Bullish BTC Impact: Major Impact Horizon: Mid-term (1-8 weeks) Reasoning: ETF inflows reversal signals strong institutional demand for BTC.