Bitcoin ETFs: $620M Inflows Since Coldcard Hack
Bitcoin ETFs $IBIT $FBTC $BITC $ARKB $MSBT record $620M inflows since Coldcard Hack as BTC holds $64487.59 on 4h bullish structure.
SourceAnalysis
Bitcoin ETFs $IBIT, $FBTC, $BITC, $ARKB and $MSBT posted consecutive daily inflows totaling $620m since the Coldcard Hack, extending a recovery streak after a difficult summer period. BTC price prediction models now incorporate this institutional bid as BTC trades at $64487.59 inside its Bollinger Band with the upper resistance at $65167.92 while EMA50 support sits at $64004.23 and EMA200 at $63650.53; the MACD golden cross at 293.88 confirms trend strength even as RSI at 56.53 leaves room before overbought territory, suggesting any pullback would likely find bids at the 50-EMA confluence before continuation higher amid ongoing crypto market recovery flows.
Eric Balchunas
@EricBalchunasBloomberg's Senior ETF Analyst and acclaimed author, co-hosting Trillions & ETF IQ while bringing deep institutional investment insights.