๐ Bitcoin ETFs pull in $1.7B in two days as BTC clears average cost basis US spot Bitcoin ETFs recorded over $1.7 billion in net inflows across two consecutive days, coinciding with Bitcoin rising above the estimated average cost basis of investors โ a level often watched as a key sentiment indicator. The surge in ETF demand signals renewed institutional appetite for Bitcoin exposure through regulated vehicles. Breaking above the aggregate cost basis is considered significant as it moves the broader investor base back into unrealised profit, historically associated with shifts in market sentiment. Source
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๐ Bitcoin ETFs pull in $1.7B in two days as BTC clears average cost basis
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