GM 🇮🇩
Early February brought a fresh breeze. On February 2, there was an inflow of $132 million into Bitcoin ETF - the first positive figure after a series of red outflows at the end of January.
ETFs like IBIT continue to show strong institutional interest with an inflow of $65 million, while some other ETFs are starting to stabilize. This is a good sign that "smart money" from institutions hasn't fled from Bitcoin; they are just taking a brief pause.
For those new to the crypto world, this Bitcoin ETF is like a "gateway" for traditional investors to buy Bitcoin without the hassle of managing wallets or private keys. When this table is red (negative numbers), it means more people are selling - usually during market panic. But when green appears, like in early February, it indicates that confidence is starting to return. The total accumulation during January is still over $11 billion - a figure that remains attractive.
Although it has been volatile, Bitcoin's fundamentals from the perspective of institutional adoption remain solid.
$BTC $BNB $ETH #AvutagamyNews