an article talked about how bitcoin did well during us trading hours but didn't have much more money put into it from exchange-traded funds. a guy named daan noticed this and people are waiting to see if more money will be put into those funds. Read from source...
"Bitcoin Excels During US Trading Hours, But ETF Inflows Yet To Catch Up: Total Assets In Funds Fall 9% In Past 4 Weeks". The writer ignores the fact that there might be regulatory issues, large investors dumping their holdings or even market manipulation at play, which could affect inflows. Their conclusion that there's a clear trend in Bitcoin performance during US trading hours is speculative, as they fail to compare this trend with other major economies or markets. The reliance on one trader's observations and anecdotal evidence rather than comprehensive data analysis is unprofessional and undermines the credibility of the article.
Bearish
The ETFs that track the spot price of Bitcoin are yet to experience substantial inflows. Total value of assets in these funds has decreased by more than 9% since the week ending July 19. Despite Bitcoin's performance being notably stronger during US trading sessions over the past month, ETF inflows have failed to catch up.