Sam Price Observes Changes in Bitcoin ETF Net Inflows
According to Twitter user Sam Price, the U.S. spot Bitcoin ETF recorded a net inflow of approximately $5.1 million on Thursday, following an outflow of $26.1 million on Wednesday. BlackRock's IBIT fund attracted most of the inflows, while other funds saw some offsets. Overall, the week still reflects a net outflow. Sam Price pointed out that institutional fund flows are a daily demand signal, and a single day of net inflow after significant outflows does not confirm a trend; attention should be paid to the subsequent performance near the ETF cost basis of about $81,500.
-- Price
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