๐จ SEPTEMBER STARTS WITH POSITIVE FLOW
Bitcoin kicked off September with a recovery signal in institutional flow. US spot Bitcoin ETFs recorded US$ 142 million in net inflows at the start of the month.
The data stands out because ETF flows are closely watched by the market as one of the indicators of institutional interest in Bitcoin.
After a more pressured end to August, the capital inflow brings a more positive tone to the beginning of September. But watch out: a single day of inflows does not confirm an uptrend.
Now, the market is watching the upcoming sessions to see whether this flow will continue.
๐ More inflows: strengthens the institutional demand thesis.
๐ Inflows slowing down or reversing: may put pressure back on the market.
Bitcoin remains on the radar of major investors.
#Bitcoin #BTC #Cripto #Criptomoedas #ETFBitcoin
Bitcoin kicked off September with a recovery signal in institutional flow. US spot Bitcoin ETFs recorded US$ 142 million in net inflows at the start of the month.
The data stands out because ETF flows are closely watched by the market as one of the indicators of institutional interest in Bitcoin.
After a more pressured end to August, the capital inflow brings a more positive tone to the beginning of September. But watch out: a single day of inflows does not confirm an uptrend.
Now, the market is watching the upcoming sessions to see whether this flow will continue.
๐ More inflows: strengthens the institutional demand thesis.
๐ Inflows slowing down or reversing: may put pressure back on the market.
Bitcoin remains on the radar of major investors.
#Bitcoin #BTC #Cripto #Criptomoedas #ETFBitcoin
