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Bitcoin Price Prediction: How ETF Inflows Affect BTC Price

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Summary
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64% Informative

Bitcoin price is about to crack $ 60,000 resistance as BTC ETFs post $11.11 million in inflows.

Bitcoin recovery may struggle at $ 64,500 as IOMAP highlights 941.32k BTC volume.

Bitcoin price held firmly above $58,000 in the wake of positive ETF inflows, as per SoSoValue data.

BlackRock 's ETFs IBIT and ETHA have just overtaken Grayscale’s ETFs GBTC, BTC Mini, ETHE and ETH Mini in on-chain holdings.

Blackrock ETFs now have the largest collective holdings of any provider.