The institutional adoption of Bitcoin has entered a new phase. Over the last 48 hours, Spot Bitcoin ETFs have seen a staggering $400 million in net inflows, reversing the brief ‘sell-off’ period seen earlier this month.
This renewed interest from Wall Street suggests that the ‘halving’ narrative is still the dominant force in the market. As supply shrinks and demand from traditional finance increases, the stage is set for a possible re-test of all-time highs.
Watchlist: Keep an eye on the $68,000 resistance level. A clean break above this could trigger a new wave of retail FOMO.
Leave a Reply