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$275M Inflows: Bitcoin ETFs Attract Massive Investments Amid Market Shifts

Bitcoin traded around its 200-day average of $84,000. U.S.-based spot bitcoin ETFs saw significant inflows, attracting $275 million on Monday, following a $41 million influx on Friday. This marks the first back-to-back inflows since February 7. Smaller cryptocurrencies like CAKE, TKX, OKB, and ATOM performed positively, contributing to market optimism. The SUI token, however, struggled to maintain its 6% surge from Monday. Analysts suggest that ETF-driven selling pressure is exhausting, potentially leading to increased inflows and supporting bitcoin’s price. The Federal Reserve’s upcoming rate decision could introduce volatility, with bitcoin expected to trade between $80,000 and $86,000 and ethereum between $1,800 and $2,100, both with 80% confidence. These projections consider macroeconomic signals, investor sentiment, and broader financial conditions.

Source: www.coindesk.com

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CryptoTA @cryptoallenTA · 16m
TokenMetrics suggest that institutional money is starting to return to the market. The spot #Bitcoin ETFs reported the largest daily net inflow in a couple months with over $250M just on Monday, reversing a five week, $5B outflow trend. You have to zoom out!

Altcoin Scholar @AltcoinScholar · 3h
BULLISH $BTC ETFs are raking in a massive $276M in net inflows talk about a huge vote of confidence This marks the biggest influx of funds since February 4th things are heating up big time

Christiaan @ChristiaanDefi · 2h
#Bitcoin ETFs see biggest knflow since February – $274.6M daily inflow, the highest in months.

Dacky Web3 @EdidiongM28161 · 2h
#Bitcoin ETFs see biggest knflow since February – $274.6M daily inflow, the highest in months.

Jerbie @Web3_Insider_ · 3h
No rocket-science: ETF flows are a solid way to read market sentiment risk-off after Feb’s BTC-ETF dip, but small inflows ($274.6M) underline the more positive outlook atm. Also, looking back, peak Bitcoin inflows nailed the recent top. Not a wild revelation, just another nudge

Surmount @SurmountInvest · Mar 13
Wall Street hated Bitcoin, now they’re all in. Bitcoin ETFs have pulled in $35B+ in weeks. BlackRock, Fidelity, and Grayscale are battling for control, slashing fees & cutting deals. The question is: Are you in, or watching from the sidelines?