ใSeptember 20๏ฝCrypto Market Watchใ
Volatility started to show up in the weekend market.
BTC had previously regained above $80,000. On Friday, U.S. spot BTC ETFs saw a net inflow of about $433 million, but for the entire week the net inflow was only about $62 million.
As for ETH, there has been a clear divergence.
Spot ETH ETFs recorded a net outflow of about $140 million last week, ending the prior streak of four consecutive weeks of net inflows.
There are several variables worth watching in the current market:
โ Whether BTC can continue to hold steady above $80,000
โก Whether ETF fund flows can keep improving
โข Whether ETH ETF funds return
โฃ Whether geopolitical developments further affect risk assets
โค Whether altcoin capital continues to diverge
Based on the current data, the market is not simply a โbroad Risk On,โ but more like undergoing a round of capital repricing.
Next, whatโs truly worth watching isnโt just whether prices go up or down, but:
**Where exactly did the money go?**
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