<ul data-eligibleForWebStory="true"><li>Bitcoin's price has dropped by nearly 4% recently, falling below $104,000.</li><li>Despite the price decrease, Spot Bitcoin Exchange-Traded Funds (ETFs) have been performing well.</li><li>Santiment reported steady inflows into BTC ETFs, indicating institutional confidence even during the price dip.</li><li>Inflows into Spot BTC ETFs have been consistent for the past 5 days, totaling over $1.46 billion since June 9.</li><li>This influx into BTC ETFs shows investor belief in Bitcoin's value proposition and the ongoing bull market.</li><li>BTC ETFs have seen over $5 billion in net inflows in the last month, with significant purchases by companies like Michael Saylor's Strategy and GME.</li><li>Massive inflows into BTC ETFs may impact prices positively in the long run as demand increases.</li><li>However, if inflows were to stop suddenly, there could be a local peak in the price without significant movement.</li><li>Long-term outlook suggests that large inflows are positive, indicating demand, but short-term price stagnation could generate concern.</li></ul>

Bitcoin’s Price Dips Below $104,000, But Investors’ Appetite Remains Strong Via Spot ETFs

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