🚨 Spot Bitcoin ETFs still see $143 million in net inflows despite a sharp BTC correction.
While Bitcoin faced selling pressure and experienced significant dips driven by caution regarding macroeconomic and geopolitical factors, US Spot BTC ETFs recorded approximately $143 million in net inflows during the most recent session. This indicates that institutional investors are seizing the opportunity to buy the dip rather than withdrawing capital from the market.
This is a noteworthy signal; maintaining positive ETF inflows during sharp corrections reflects long-term institutional confidence in Bitcoin. Instead of succumbing to FOMO at high price levels, many funds tend to deploy capital during market pullbacks to optimize their cost basis.
However, $143 million is not enough to reverse the short-term trend. The market remains influenced by Federal Reserve interest rate policies, geopolitical tensions, and a defensive investor sentiment. To confirm a sustainable uptrend, BTC would need to see consecutive sessions of positive ETF inflows, alongside reclaiming key resistance levels.
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