The crypto space is bracing for another eventful week, marked by several key developments and coins that are poised to influence market dynamics. So, here’s what investors and enthusiasts should be on the lookout for.
Bitcoin: A Watchful Eye On Spot ETF Outflows
Bitcoin remains at the forefront of investor attention, with the spotlight intensifying on the movements within spot Bitcoin ETFs. After experiencing an unprecedented streak of five consecutive days of net negative flows—a first since their inception on January 11—the market is keenly awaiting a potential turnaround.
Historically, ETFs have been significant for BTC, with a daily net inflow of $225 million on average – a target bulls will want to see. Financial Times recently wrote a hit piece, “Have the inflows into Bitcoin funds dried up?” The market needs to prove otherwise.
Meanwhile, renowned ETF expert Nate Geraci commented on the article, “Spot bitcoin ETFs have taken in a net $11bil & have
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