Spot Bitcoin ETF inflows top $471M but BTC is pinned under $70K: Here’s why
Bitcoin ETF inflows hit $471 million, but stress on digital asset treasuries, selling from miners, and the war in Iran are keeping BTC stuck below $70,000.
Key takeaways:
BTC failed to hold $70,000 despite strong ETF inflows as selling by public miners offset recent institutional buying.
Options markets reflect high demand for downside protection as a 17% put premium signals cautious sentiment.
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