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Bitcoin ETF Inflow Streak Faces Key Test as Three US Reports Near

Bitcoin’s $2.5 billion ETF inflow streak faces a key test as US PCE, GDP and durable goods reports arrive within 30 minutes. IBIT contributed 90.5% of the latest inflow, CryptoSlate reported.

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Bitcoin ETF Inflow Streak Faces Key Test as Three US Reports Near
Bitcoin’s recent exchange-traded fund inflow run is approaching a closely watched macroeconomic test, with three US reports due within 30 minutes, according to CryptoSlate. The data releases include the Personal Consumption Expenditures (PCE) report, gross domestic product (GDP), and durable goods figures. The combined release schedule places the reports at the center of the market’s next major test for the $2.5 billion Bitcoin ETF inflow streak. BlackRock’s iShares Bitcoin Trust (IBIT) accounted for 90.5% of the latest inflow, making it the dominant contributor to the most recent fund activity. CryptoSlate highlighted the concentration in IBIT as investors await the US economic data. The reports arrive as Bitcoin-linked ETFs seek to extend their positive flow momentum, with the upcoming releases providing a significant point of attention for the asset’s market narrative.
Source CryptoSlate This is an original Moneyiar brief based on the cited source.
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