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Bitcoin ETF inflows cool off amid uncertainty over Trump’s strategic BTC reserve plans

Bitcoin ETF inflows cool off amid uncertainty over Trump’s strategic BTC reserve plans
Inflows into spot Bitcoin exchange-traded funds (ETFs) in the U.S. slowed down on February 5th following remarks from Trump's crypto policy advisor about the potential implementation of a national strategic Bitcoin reserve. Data from SoSoValue shows that the 12 spot Bitcoin ETFs recorded $66.38 million in net inflows on Wednesday, 80% lower than the $340.82 million inflows seen the day before. The majority of inflows went into BlackRock's IBIT fund. The dip in inflows is likely due to uncertainty surrounding the government's stance on a U.S. strategic Bitcoin reserve. The nine spot Ethereum ETFs also saw a drop in net inflows, with Fidelity's FETH leading the way.

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