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- BTC ETFs rising and Solana might see them in Spring.
Hello Investors!
Let’s see what’s moving the markets today.
Top 3 Market Highlights
Bitcoin ETFs rising with $300m inflows on Monday
On Monday, U.S.-listed spot Bitcoin ETFs saw nearly $300 million in new inflows, the highest since early June.
The inflows come amid significant selling pressure from sources like Mt. Gox repayments and a German government entity moving BTC to exchanges.
CoinShares reported $441 million in inflows into digital asset investment products, viewing the selling pressure as a buying opportunity.
Learn more: CoinDesk
Why is that important?
There is significant selling pressure from the German government and the upcoming Mt. Gox exchange settlement.
It keeps pushing the prices lower to levels not seen since February this year.
The inflows are a good sign that even though the market panics, many investors use this to buy the dip, accumulating more and thinking long-term.
Analyst tips Solana ETF deadline for mid-March after new filings
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