The slowdown in Bitcoin ETF inflows is putting pressure on BTC prices
The slowdown in spot Bitcoin exchange-traded funds (ETFs) in the United States may also be the reason for the sluggish Bitcoin price action. According to Farside Investors, United States ETFs accumulated only $300,000 worth of Bitcoin on July 31, while on July 30, they accumulated net outflows of more than $18.3 million.
The slowdown in Bitcoin ETF inflows is putting pressure on BTC prices
The slowdown in spot Bitcoin exchange-traded funds (ETFs) in the United States may also be the reason for the sluggish Bitcoin price action. According to Farside Investors, United States ETFs accumulated only $300,000 worth of Bitcoin on July 31, while on July 30, they accumulated net outflows of more than $18.3 million.
btc
Bitcoin is pressing higher, beyond the Range High resistance (red) However, this is where previous FOMO upside wicks have formed before (orange area)
btc
Bitcoin is pressing higher, beyond the Range High resistance (red) However, this is where previous FOMO upside wicks have formed before (orange area)
