Bitcoin ETF Inflows Soar by 500%

From tickmill.com

Following a strong rally off the 100,195 mark, BTC has stalled for now into the latest test of the 107,855 resistance. This level ahs proved a firm barrier over the last two weeks. However, while above the $100k mark the focus is still firmly fixed on an eventual breakout higher. Indeed, current BTC price action can be seen as a holding pattern ahead of an expected bullish break. The latest data this week shows a solid uptick in institutional demand for Bitcoin with BTC inflows soaring. Funds recorded a more than 500% increase on the prior week with ETH ETFs also recording strong inflows. The surge in demand is being ... (full story)