Bitcoin ETFs draw $1.08 billion in three days, yet may fall short of sparking a steep rally

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Spot Bitcoin exchange-traded funds have recorded roughly $1.08 billion in net inflows over a three-day stretch. Analysis by CoinDesk indicates that earlier sharp price rallies were supported by inflows averaging about $235 million per day. The current pace of inflows has not yet reached that level. As a result, the recent capital flow may not be sufficient to drive a comparable steep rally in Bitcoin's price.

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