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As the US prepares to release its Q1 GDP estimate, expectations point to sluggish growth at just 0.3%. Meanwhile, Bitcoin ETFs have seen massive inflows, signaling a potential shift in investor preference amid economic uncertainty.
- US Q1 GDP growth expected at just 0.3%, the weakest since early 2022, amid trade deficits and inflation.
- Bitcoin ETFs saw $3.4 billion in inflows last week, with BlackRock’s IBIT recording $643 million in a single day.
- Bitcoin’s realized cap hit $883 billion, and exchange outflows reached a two-year high, signaling strong investor demand.
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