U.S. Bitcoin ETF Flows Turn Positive After Six Days of Outflows

💡 DMK Insight

Bitcoin ETFs pulling in $240 million is a big deal, especially with the government shutdown looming. This surge in inflows suggests that institutional investors are still bullish on Bitcoin, despite broader market uncertainties. The government shutdown could create volatility, but it also highlights the resilience of crypto as a hedge against traditional market instability. Traders should keep an eye on how this influx impacts Bitcoin’s price action, particularly if it tests key resistance levels. If Bitcoin can hold above its recent highs, it could signal a strong bullish trend. However, if the shutdown drags on, we might see a pullback as risk-off sentiment takes hold. Watch for Bitcoin’s reaction around these inflows and any shifts in trading volume, as they could indicate whether this momentum is sustainable or just a short-term spike.