BlackRock Bitcoin ETF Leads $3 Billion Inflows Amid Market Volatility

Bitcoin ETFs witnessed significant inflows before experiencing unexpected outflows recently. Long-term investors opting to cash out might indicate a potential decline in Bitcoin’s market value. “The latest outflows surpass the inflows, hinting at a bearish trend,” commented a market analyst. Bitcoin ETFs record fluctuations as outflows exceed inflows, suggesting a potential downward trend for BTC.