The Bitcoin ETFs have been buying for two weeks straight.
These 13 days represent the third longest streak of inflows since the ETFs launched in January.
With that kind of demand, BTC can continue to run.

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According to SoSoValue data, during the last trading week (December 09 to December 13, Eastern Time), the <Bit>Bitcoin</Bit> spot ETF had a net inflow of $2.17 Bit, with net inflows for all five trading days. The <Bit>Bitcoin</Bit> spot ETF with the highest net inflow last week was the BlackRock ETF IBIT, with a weekly net inflow of $1.51 Bit, and IBIT's total historical net inflow has reached $35.88 Bit.

Bitcoin spot ETF had a net inflow of US$2.17 billion last week, with net inflows for five consecutive trading days.

According to Bloomberg, since Donald Trump's victory in the US presidential election on November 5, the price of Bitcoin has continued to rise, setting the longest seven-week consecutive gain record since 2021. <Aya Kantorovich>, co-founder of <August>, analyzed that market participants are full of expectations for Trump's support for digital assets and his commitment to making the US the leading force in the global cryptocurrency industry, and this optimistic sentiment is directly reflected in the strong demand from institutional investors for cryptocurrency ETF products. <Tony S>, market analyst at <IG Australia>, ...

Bitcoin records longest seven-week winning streak since 2021

According to SoSoValue data, on December 16th (Eastern Time), the total net inflow of Bit currency spot ETFs was $637 million, with a net inflow for 13 consecutive days. The Bit currency spot ETF with the highest single-day net inflow yesterday was the BlackRock ETF IBIT, with a net inflow of $418 million, and the total historical net inflow of IBIT has reached $36.301 billion.

Bitcoin spot ETFs had a total net inflow of $637 million on December 16

So far the US economy is doing fine. Core inflation remains high. The Fed is cutting rates. The US debt continues to grow. And a pro-crypto administration is about to start working at the beginning of next year.
That's not a bad environment for Bitcoin.
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