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Bitcoin (BTC) News Today: Deciphering Spot ETF Flow Data Amidst SEC Decision
Bitcoin (BTC) slipped by 0.57% on Tuesday, April 23. Partially reversing a 2.78% gain from Monday (April 22), BTC ended the session at $66,496. BTC-spot ETF market flow data for Monday, April 22, offered price support going into the Tuesday (April 23) session. However, lackluster net inflows for iShares Bitcoin Trust (IBIT) tested buyer appetite for BTC. According to Farside Investors: IBIT saw total net inflows of $19.7 million. Significantly, IBIT last saw net inflows exceed $100 million on April 12. Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF saw net inflows of $34.8 million and $22.6 ... (full story)