The Bitcoin ETF funds just bought 32,232 BTC while you're searching Google for "Is Crypto dead"


After 5 consecutive weeks of withdrawals, institutions have quietly reversed course. $2.13 billion into Bitcoin ETFs in just 7 days.
32,232 BTC accumulated in the most recent 7 trading days.
$462M Flowing in today. No withdrawals across all 12 ETFs.
1️⃣ BlackRock ETF $IBIT: $306.60 million
2️⃣ Grayscale ETF $GBTC + $BTC: $54.10 million
3️⃣ Fidelity ETF $FBTC: $48M
4️⃣ ARK 21Shares ETF $ARKB: $14.60 million
#Bitcoin Up 17.48% this week. Currently over $72,500 and reaching $74,050
When the Fear Index hits 10, retail investors panic and sell.
At that moment, BlackRock is writing a check for $306.6 million.
That 5-week withdrawal is not distribution. Institutions are waiting for weak hands to exit so they can buy cheaper.
$2.13 billion is not moving randomly. They see something retail investors don't see.
Most people are still waiting for the $40,000 level. Smart money just showed you that with $2.13 billion in confidence.
BTC-2.02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin