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    Are Bitcoin ETFs quietly accumulating or just not selling? The flow data that mattersThe spot Bitcoin ETFs recorded four straight months of outflows, with hodlings down 85,000 BTC since October 2025. Is slowing institutional demand the death knell for BTC price?

    Inflows to spot Bitcoin ETFs are a shadow of what they were in 2025, and BTC price has followed suit. Will ETF outflows mark the end of the bull market?

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