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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InUS spot Bitcoin exchange-traded funds (ETFs) recorded $166.6 million in net inflows on Tuesday, extending their positive streak to a third consecutive session. These significant gains nearly offset the losses observed last week. Notably, this sustained demand occurred despite Bitcoin prices remaining under pressure and a generally cautious investor sentiment across the broader cryptocurrency market. The continued inflows suggest a resilient interest in these investment products, potentially indicating a decoupling of ETF demand from immediate price action. This provides underlying support for Bitcoin in the medium term, even as immediate price pressure persists.