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The ETF flows are back

lieutenantdan - 2024-05-20 21:36:33

Bitcoin is again flowing in the right direction


The ETFs had been net sellers of bitcoin much of the last several weeks.


However, that seems to be turning.


We had a solid week of almost a $1 billion worth of inflows last week:


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(Source: https://x.com/BitcoinNewsCom/status/1792563428701204592/photo/1)


That looks like a trend that is probably going to hold judging by the bullish price action today.


ETH etf rumors are swirling much of the positive momentum, so here's t hoping it holds!