Bitcoin ETFs accumulate $2B this week amid price rejection at $87K
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U.S. spot Bitcoin ETFs reportedly attracted approximately $2 billion in net inflows this week, signaling strong institutional demand despite Bitcoin’s rejection near $87,000. The buying indicates investors are accumulating on strength or during pullbacks, helping provide underlying market support. However, the failure to sustain levels above $87,000 suggests persistent overhead resistance and leaves near-term upside momentum unconfirmed.
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