Bitcoin ETFs Post 5-Week Buying Streak as Hedges Unwind, Institutional Appetite Returns
In brief U.S. spot Bitcoin ETF inflows totaling $3.8 billion pushed total net assets to a record $108.76 billion. The 25-delta skew is compressing to near-zero as traders unwind downside protection built up during the bear phase. Bitcoin’s upside is capped at $85,200, which is the next key resistance, per Glassnode analysts. U.S. spot Bitcoin…