Bitcoin ETF inflows show institutions ‘doubled down’ on BTC at $116K

Bitcoin institutions have no desire to sell as BTC/USD drops $7,000 from all-time highs — in fact, they’re adding more and more BTC.

Key points:

Bitcoin institutional buying is ignoring the latest BTC price dip, adding nearly 11,000 BTC over two days.

Spot Bitcoin ETFs’ response to the latest market retracement contrasts with earlier this year.

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