Bitcoin ETFs attract $1.08 billion in 3 days but it may not be enough for a steep rally
Summary
Bitcoin exchange-traded funds pulled in over one billion dollars across a three-day period. However, analysts note that these current investment levels remain below the daily averages recorded during previous sharp market rallies.
Past steep rallies ran on about $235 million a day of net inflows into ETFs. The funds are yet to match that pace, according to data analyzed by CoinDesk.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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