Bitcoin had a really strong Q3, up around 42%.
US spot Bitcoin ETFs also saw about $6.34B in net inflows during the quarter, which is a pretty big number.
But one thing I’m noticing is that the momentum started slowing down in September.
August had around $3.52B in inflows, while September was lower at about $2.65B.
So yeah, money is still coming in, but the pace is not the same.
Now Q4 has started. Historically, this quarter has been good for BTC, but we’ll have to see if Bitcoin can keep the momentum going this time.
I’m watching BTC closely.
US spot Bitcoin ETFs also saw about $6.34B in net inflows during the quarter, which is a pretty big number.
But one thing I’m noticing is that the momentum started slowing down in September.
August had around $3.52B in inflows, while September was lower at about $2.65B.
So yeah, money is still coming in, but the pace is not the same.
Now Q4 has started. Historically, this quarter has been good for BTC, but we’ll have to see if Bitcoin can keep the momentum going this time.
I’m watching BTC closely.
