Bitcoin ETF Inflows Reach $3.8B in 5 Weeks as Hedges Unwind

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U.S. spot Bitcoin ETFs drew about $3.8 billion over five straight weeks, lifting total net assets to a record $108.76 billion. Glassnode said the 25-delta skew is compressing toward neutral, which suggests traders are unwinding downside protection rather than adding it. Glassnode said the next major supply zone sits near $85,200.

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