Spot Bitcoin ETFs have experienced significant inflows for four consecutive days, totaling over $20 billion since their launch in January. Recent data indicates that these ETFs have amassed $20.26 billion in cumulative flows, with $1.64 billion entering 11 different products in just four days. Notably, BlackRock saw the largest inflow from a single company on Oct. 16, reaching $393.4 million. Market participants are optimistic about this surge, with some suggesting the possibility of reaching $30 billion by year-end. However, there are also warnings from analysts like CryptoQuant’s Amr Taha, who cautioned that large inflows do not always guarantee prolonged price increases and can be followed by corrections. Currently, Bitcoin's price is trading above $66,000, having recently surpassed the crucial $65,000 threshold, prompting mixed reactions about future price movements.

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