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Why $1.2 Billion Bitcoin ETF Inflow Signals a New Bullish Trend
Source: CryptoNewsNet Original Title: Here is why $1.2 billion Bitcoin ETF inflow is a new bullish signal Original Link: The eleven spot exchange-traded funds (ETFs) listed in the U.S. have registered a net inflow of $1.2 billion so far this month, reversing December redemptions, according to data from SoSoValue.
While the inflow number is positive, a deeper dive into the data reveals an even stronger bullish signal: large investors are ditching their usual arbitrage plays and betting more on a possible long-term price upswing.