Bitcoin ETF inflows cool to $191 million as rally loses steam

Wall Street's appetite for Bitcoin hit a speed bump Thursday as daily inflows into U.S. spot ETFs dropped to $191.13 million. It's the third consecutive day of slowing momentum since the week began with a roar. Even with the deceleration, the six-day buying streak has sucked up a staggering $2.8 billion in capital. BlackRock’s IBIT continues to lead the pack, though the broader cooling trend suggests traders might be catching their breath after a frantic chase. Year-to-date net flows now sit at $787 million, proving that institutional interest isn't evaporating, it's just normalizing. Fidelity and Bitwise are still seeing green, but the explosive $500 million days have vanished for now. Market watchers are now eyeing the next resistance level to see if this slowdown is a brief pause or the start of a deeper consolidation phase. Will the bulls find a second wind before the weekend close?
Read full story at Cointelegraph →