Santiment: Bitcoin Spot ETF Net Inflows Exceed $6.6 Billion Over the Past 5 Weeks, Typically a Bullish Signal
Santiment stated on social media platforms that Bitcoin spot ETFs are experiencing massive inflows, a trend that began in mid-April. Over the past 5 weeks, the net inflow of Bitcoin ETFs has reached a total of $6.63 billion. Historical data shows that this is usually a strong bullish signal for future Bitcoin price increases.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The US Dollar Index falls to a 5-week low, currently at 98.77
Well-known investor Jez San's associated address withdrew over $15 million worth of altcoins from a certain exchange
Jupiter: WET token public sale phase sold out, HumidiFi project raised a total of $5.57 million
Trending news
MoreCrypto prices
More
