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Morning Minute: Hedge Funds Left the BTC ETF Trade and Sovereign Wealth Stepped In
Published Source: DecryptRead original
Crypto Insight Summary: Now the BTC ETFs have flipped green for the month after $400M+ inflows this week, setting the stage for a big November. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: $400M+ weekly ETF inflows and sovereign buying support near-term BTC demand despite hedge-fund selling.