Bitcoin Spot ETF In Focus; Analyst Predicts BTC Will Skyrocket Soon

Bitcoin Spot ETF In Focus; Analyst Predicts BTC Will Skyrocket Soon
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The Bitcoin spot ETF Flow turned positive and had a total net inflow of $108 Million for nine consecutive days.
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Rekt Capital highlights that the BTC is following its historical pattern and could skyrocket in the upcoming bull rally.
On May 23, there were positive ETF flows reported by Wu Blockchain. The Bitcoin spot ETF had a total net inflow of $108 Million for nine consecutive days, while Grayscale ETF GBTC had an outflow of $13.7209 Million.
Additionally, the BlackRock ETF IBIT saw an inflow of $88.9516 Million, and the Fidelity ETF FBTC had an inflow of $19.1224 Million. Despite the continued inflows, the price of Bitcoin fell from $70k to $67k and is currently sitting at $67.8k.
On May 23, the Bitcoin spot ETF had a total net inflow of $108 million, nine consecutive days of inflows, Grayscale ETF GBTC had an outflow of $13.7209 million, BlackRock ETF IBIT had an inflow of $88.9516 million, and Fidelity ETF FBTC had an inflow of $19.

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