Four successive days of positive inflows into the US Spot Bitcoin ETFs have coincided with positive growth in the Bitcoin price. Are the institutions returning to buy $BTC now that the price correction appears to be ending?
Second wave of institutional buying inbound?
Bitcoin (BTC) is fast putting the last 10 weeks of corrective price action behind it. Institutions are buying again and positive sentiment is starting to flood back into the crypto market, with the Fear and Greed Index back into greed territory.
A further $257 million flowed into the US Spot Bitcoin ETFs on Thursday, and this followed $303 million on Wednesday, $100 million on Tuesday, and $66 million on Monday. The institutions are interested again, and this could be the beginning of the second big wave of buying.
Bitcoin compared to Beanie Babies
At a time when pension funds, family offices, banks, and asset managers are buying bitcoin because they have finally realised its potential, the voices against bit
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