Matrixport: Bitcoin ETF net inflow in the past eight weeks was US$11.2 billion, and the overall bullish logic still holds
According to online reports, Matrixport released a daily chart analysis saying that in the past eight weeks, Bitcoin ETF has attracted a total of US$11.2 billion in new capital inflows, but the currency price has only increased by about 10%. This flat increase may reflect that some market participants are taking advantage of the trend to sell or re-enter after waiting and seeing. Overall, the bullish logic still holds: the Bitcoin market has formed stable buying support. Despite changing sources of buying, ETFs have seen little sustained net outflows. Compared with the Trump election period, MicroStrategy's current pace of adding positions has slowed slightly, but stable capital inflows still provide solid support for Bitcoin prices.
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