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๐ฐ ใBitcoin ETF extends the longest streak of consecutive gains since September, but spot demand lagsใ
Amid a ninth day of inflows, spot Bitcoin ETFs absorbed $2.1 billion, but experts warn that on-chain demand is showing a โnet negative.โ
Brothers, take a look at this news. $BTC ETF has had net inflows of $2.1 billion for 9 straight daysโlooks pretty wild, right? But on-chain demand hasnโt kept up, and even the experts are calling it โnet negative.โ Isnโt this basically institutions putting on a double actโusing the old โpump up, then dumpโ playbook? Donโt just get carried away by the surface numbers; if you chase in at this point, you could easily end up holding the bag. ๐๐๐๐๐