Why Bitcoin Price Isn't Reacting to Massive ETF Inflows

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Spot Bitcoin ETFs in the United States have just notched their 19th day of inflows. Traders explain why it hasn’t led to a surge in the price of Bitcoin.

Despite a record 19-day streak of inflows into United States-based spot Bitcoin exchange-traded funds (ETFs), many are wondering why the price of Bitcoin has failed to surpass its all-time high of $73,679 set in March. Analysts say they have the answer.



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