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Bitcoin ETF inflows leave institutional demand unclear: CoinShares

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

Signal data▲ Bullishconfidence 60%Low materiality
AssetEventetf-flowEvent timeAttention0 readers/hrNormalSmart readers0

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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