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📰 【Bitcoin ETF extends the longest streak of consecutive gains since September, but spot demand lags】
Amid a ninth day of inflows, spot Bitcoin ETFs absorbed $2.1 billion, but experts warn that on-chain demand is showing a “net negative.”
Brothers, take a look at this news. $BTC ETF has had net inflows of $2.1 billion for 9 straight days—looks pretty wild, right? But on-chain demand hasn’t kept up, and even the experts are calling it “net negative.” Isn’t this basically institutions putting on a double act—using the old “pump up, then dump” playbook? Don’t just get carried away by the surface numbers; if you chase in at this point, you could easily end up holding the bag. 👇👇👇👇👇