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Bitcoin ETFs take in $1.7B in 2 days as BTC tops holder cost basis

Published Source: CoinTelegraphRead original

Crypto Insight Summary: US spot Bitcoin ETFs recorded more than $1.7 billion in net inflows over two days as Bitcoin rose above investors’ estimated average cost basis. Crypto Insight Analysis: Direction: Bullish BTC Impact: Major Impact Horizon: Mid-term (1-8 weeks) Reasoning: Significant ETF inflows and price breakout above cost basis signal strong institutional demand.

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Bitcoin ETFs take in $1.7B in 2 days as BTC tops holder cost basis — Crypto Insight