On May 21, Santiment stated on social media that Bitcoin spot ETFs are experiencing massive capital inflows, a trend that began in mid-April. Over the past 5 weeks, the net inflow into Bitcoin ETFs has reached $6.63 billion. Historical data suggests that this is typically a strong bullish signal for future Bitcoin price increases.
Santiment: Bitcoin spot ETFs have seen net inflows of more than $6.6 billion in the past five weeks, which is usually a bullish signal
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