On December 9th, $BTC ETF sees net inflow of $150 million despite unexpected Grayscale withdrawal?

The BTC ETF market on December 9th saw net inflows exceeding $150 million despite selling pressure from BlackRock

🔹 Fidelity fund attracted nearly $199 million in net inflows, becoming the main driver maintaining market momentum and offsetting the $136 million withdrawal from BlackRock.

🔸 Grayscale recorded positive inflows of $17.5 million for the first time after a series of ruthless selloffs.

🔹 While BlackRock showed signs of profit taking, smaller funds maintained their buying momentum, demonstrating institutional confidence in the year end bull market.

Do you assess Grayscale net buying turn as a bottom signal?

This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.