Bitcoin ETFs Signal Renewed Institutional Confidence
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Bitcoin ETF inflows surged this week, with $477 million entering spot funds as BTC climbed from $107,500 to $114,000.
Analysts say the inflows, alongside steady spot accumulation from retail and institutional buyers, show investors view BTC as trading at a discount.
Data from Glassnode confirms an accumulation trend score of 0.924, indicating large entities are adding to their positions rather than distributing.