@ziperune21
Bitcoin ETF popularity is enjoying a renaissance this week, but the good times are far from guaranteed to stay, Skew said.
After the largest US spot ETF — the BlackRock iShares Bitcoin Trust (IBIT) — saw $526 million in inflows alone on June 22, he cautioned that such large inflow days have historically preceded BTC price sell-offs.
“As bullish as this is each other time IBIT reported mid-high 9 fig inflow days it occurred around market supply zones,” he summarized.
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