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Because $IBIT is driving most of the fresh BTC ETF demand, any slowdown in new creations could weaken the bullish case for Bitcoin. IBIT accounted for 79.8% of the $2.84B rebound, while the other funds recorded $13.8M in net outflows during week two. Interestingly, $BTC still slipped 0.6% despite $924.5M in ETF inflows—showing that strong ETF demand alone may not be enough to push price higher. 👀