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Bitcoin ETF inflows leave institutional demand unclear: CoinShares

CoinShares says IBIT offers clues to institutional buying, but basis trades mean inflows are not necessarily bets on rising Bitcoin prices.

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Published in the last two hours. Multiple named entities are involved.

Bitcoin ETF inflows leave institutional demand unclear: CoinShares

CoinShares says IBIT offers clues to institutional buying, but basis trades mean inflows are not necessarily bets on rising Bitcoin prices.

Why this matters

Bitcoin is showing up inside the Bitcoin ETF theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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Read on Cointelegraph

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