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Bitcoin ETFs just posted their biggest inflows in weeks.
Yesterday Bitcoin spot ETFs saw $471.40 million in net inflows. In a single day.
BlackRock's IBIT led with $181.90 million. Fidelity's FBTC added $147.30 million. ARK's ARKB contributed $118.80 million.
That is institutional money. Not retail. These are funds that sold during the panic and are now quietly buying back at lower levels.
So the real question is. Do they know something we do not. Or is this a trap.