News about ETFs, Hong Kong, and Bitcoin

Crypto traders answer the burning question: why isn't $BTC's price moving despite significant inflows into Bitcoin ETFs? Via @CointelegraphMT pic.twitter.com/BnSjzhbdsc

Powered by institutional investors, #Bitcoin ETFs saw over $488 million in inflows yesterday. This marked 17 consecutive days for $BTC ETF inflows, all while #BTC continues to leave exchanges, potentially leading to a supply crunch. Let’s look into the metrics. 🔽 pic.twitter.com/F3FhD2IMvK

The first 2x Ether Futures ETF $ETHU launched today and did over $5m in volume, which is great for a new launch AND more than all the Ether futures ETFs did combined on their first day BUT still pretty microscopic vs anything bitcoin pic.twitter.com/uAkJ6Z3gLT

The bitcoin ETFs on a 15-day inflow streak, pulled in $2.4b in the past month (only two ETFs have taken in more $SPY & $VOO). YTD net +$14b. The ability to bounce back w/ renewed interest after a couple nasty selloffs is rare for hot sauce type strategies. Shows staying power. pic.twitter.com/TolLWCbsqq