---
title: "Bitcoin trader warns of local BTC price top after $530M ETF inflow"
url: https://diffcoin.com/bitcoin-trader-warns-of-local-btc-price-top-after-530m-etf-inflow/
description: "BTC price \"profit taking\" has resulted from large ETF inflow days in the past, while both Bitcoin and Ether shrug off the latter's ETF launch day. Source link"
published: 2024-07-23
updated: 2024-07-23
author: "Mila"
site: "Diffcoin"
---

# Bitcoin trader warns of local BTC price top after $530M ETF inflow

BTC price “profit taking” has resulted from large ETF inflow days in the past, while both Bitcoin and Ether shrug off the latter’s ETF launch day.

[Source link](https://cointelegraph.com/news/bitcoin-trader-warns-local-btc-price-top-530m-etf-inflow?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)