Bitcoin Spot ETF Net Inflow $517M, 3-Day Streak

Three straight days of net inflows matters less for the dollar figure than for what it says about the buyer base: this is ETF-rail demand, not leverage or retail momentum, and it tends to be stickier. It also concentrates influence in a handful of large issuers whose creation and redemption activity now shapes spot liquidity and, by extension, how the market absorbs sell pressure. Whether this run extends past a third day, or fades as it has after previous streaks, is the open question worth watching.