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Top asset management team helps you profit without hassle
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Institutional interest in crypto ETFs is cooling. Glassnode reports prolonged outflows from $BTC & Ether ETFs since early November, signaling partial disengagement from institutional allocators.
ETF flows usually lag the spot market, but this trend highlights a broader liquidity contraction across crypto. Last week alone, crypto funds saw $952M in outflows, with capital withdrawn in 6 of the past 10 weeks.
Yet, BlackRock's iShares Bitcoin Trust (IBIT) bucks the trend - $62.5B inflows since inception, even outperforming gold in total flows. Despite a rough year, IBIT proves institutional appetite for Bitcoin remains strong long-term.
Market cycles bring temporary withdrawals, but strong foundational funds show crypto's resilience and potential for recovery.
#BTC #Price #Analysis
#Ritcoin