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Bitcoin ETFs Attract $298M Inflow Amid Price Dip

Guavy AI Editorial Team
Instruments
BTC
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US spot Bitcoin ETFs saw significant inflows on Monday, totaling nearly $298 million. This marks an end to a three-day streak of outflows.

The influx occurred despite Bitcoin's price falling about 2.5% that day, indicating sustained institutional demand through regulated funds.

This trend mirrors one seen earlier in the year, suggesting that institutional investors view dips as buying opportunities.

Leading ETF providers like BlackRock and Fidelity continue to dominate inflows during these rebound periods, highlighting the growing importance of spot Bitcoin ETFs since their launch in early 2024.

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