Spot Bitcoin ETF flows play a key role in the asset’s price action, but macroeconomic and geopolitical concerns are also impacting investors’ choice to buy BTC.
Key takeaways:
Bitcoin demand is driven by investors’ macroeconomic fears, not just spot BTC ETF netflows.
Global bond market volatility is boosting Bitcoin’s safe-haven appeal, with interest rate cuts and rising inflation triggering a shift into risk assets.
