₿ Bitcoin ETFs Hoover Up $5.3B After Treasury Pivot

Crypto Soothsayer, @cryptosayer

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₿ Bitcoin ETFs Hoover Up $5.3B After Treasury Pivot Since the U.S. Treasury signaled larger long-bond buybacks, spot Bitcoin ETFs have pulled in $5.3 billion in net inflows — $2.4 billion of that in just the past week. The timing is hard to ignore: when the Treasury acts to suppress long-end yields, capital looks for somewhere more interesting to be. Apparently, that somewhere is Bitcoin. Whether correlation becomes causation is the analyst's eternal headache — but the numbers are what they are. Source Trade on Binance

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