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Bitcoin (CRYPTO: BTC) spot ETF inflows reaching about $2.5 billion this month, recording a significant spike in activity despite mediocre price action.
ETF Inflows Show Strength
Analyst Shaun Edmondson notes ETF demand has remained resilient despite a sharp price drawdown, reinforcing the long-term bullish case.
He added that Strategy (NASDAQ:MSTR) plans to raise up to $42 billion to acquire more Bitcoin, while Morgan Stanley is preparing to launch a Bitcoin ETF, further signaling growing Wall Street adoption.
At the same time, Bitcoin’s supply remains constrained, with less …
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