Bitcoin Spot ETFs Saw $6.34 Billion in Net Inflows in Q3
🚨 $6.34 billion.
That was the net inflow into Bitcoin spot ETFs in the third quarter.
But what’s really worth paying attention to isn’t just how big that number is—it’s who’s buying.
💰 ETFs continue to absorb BTC supply 🏦 Institutional capital keeps flowing in 🔥 The available supply on the market is steadily being absorbed 👀 BTC is becoming more deeply integrated into traditional finance
This brings me to a key question:
What happens if institutions keep buying while fewer and fewer BTC holders are willing to sell?
The phase of a bull market that’s truly worth watching often isn’t when everyone is shouting about prices going up.
It’s when money has already moved in, before prices go parabolic.
$6.34 billion is just one quarter’s data, but the signal it sends is worth watching closely:
Is Wall Street only just starting to allocate to BTC, or have expectations already gone too far?
🟢 Only just getting started 🔴 Expectations have already gone too far
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$BTC Keep going, soaring hard, falling hard too. The bull market has already started—the main rally in the crypto world is just one last step away! Today, Bitcoin is again hovering near the previous high of around 87,000. Once it truly breaks through, it could very likely come with a big bullish candle! So the question is: will Bitcoin break out? Leave your valuable advice in the comments section! Tap that little hand of yours that’s about to get rich—give it a like! #比特币冲击8.7万美元遇阻回落
If the price retraces to 0.0508–0.0512, then finds support and forms a bullish candle, a long entry may be comparatively better-defined.
SL: 0.0490 TP: 0.0541 → 0.0551 → 0.0570
Short: Taking a short directly right now looks like a weak setup on the chart. A short would be considered only when you get a 15m candle close below 0.0508 and the retest fails.
Regulatory and Policy Developments The U.S. introduces a major digital asset tax bill (ADAPT Act) On October 1, U.S. Senator Steve Daines officially introduced the 56-page “Act to Align Digital Assets and Tax Principles” (ADAPT Act). The bill aims to establish clear tax rules for stablecoin payments, network fees (gas fees), staking, and lending. It also proposes that digital assets used to pay network, transaction, or gas fees of $10 or less be exempt from recognizing gains or losses. In addition, it provides tax exemptions or simplified reporting for compliant purchases of goods and services using U.S. dollar stablecoins.
Market Trends and Institutional Updates Macroeconomy and Market Performance Entering October, the market is closely watching the U.S. September jobs report (non-farm payrolls), CPI data, and the Federal Reserve’s monetary policy direction. Although the crypto market has recently seen an inflow of funds and a quarterly rebound (such as Bitcoin recovering somewhat over the past quarter), analyses indicate that most mainstream assets still face pressure from macro high interest rates (e.g., U.S. Treasury yields remaining at relatively elevated levels) when viewed against their year-to-date trend. The market is overall searching for direction amid “fragmented repairs” and a shift toward compliance.
RWA tokenization platform listed OpenWorld and VerifyMe have officially announced the completion of their business merger, forming a digital tokenization platform for real-world assets. They began trading on Nasdaq on October 1 under the code “OPNW,” advancing institutional-grade RWA tokenization.
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