While Bitcoin ETF inflows soared in January and April, recent months have seen a significant cooldown. This trend mirrors shifting investor sentiment as the price of Bitcoin has surged throughout this period. Outflows from Bitcoin ETFs in February and March triggered sharp price drops, while April’s inflows fueled a strong price recovery. 📈 Flows have been closely correlated with Bitcoin’s price movements since January, highlighting ETF demand’s role as a major driver of market activity. 📊 From late April, these inflows have dropped from $2.72 billion to just $277 million. This decrease is likely due to the strong price fluctuations in Bitcoin, suggesting a close correlation between investor sentiment and ETF demand. 💰