"ETFs' net inflows are a sign of institutional demand as bitcoin's dominance continues to grow, traders said. Strong BTC net inflows indicate robust institutional demand as BTC dominance continues to rise (59.8%)."
"The strong showing was almost entirely attributable to BlackRock's IBIT, which added $872 million. Bitcoin has gained over 6% in the last week, so the temporarily muted price action may point toward profit-taking."
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