đč THE BIG MONEY JUST CAME BACK đ
After a rough week for crypto ETFs, institutional money suddenly started flowing back in.
On September 14, U.S. spot Bitcoin ETFs pulled in around $160M, while Ethereum ETFs attracted another $121M.
Thatâs roughly $281M entering $BTC + $ETH ETFs in a single day. đ°
And hereâs what makes this interestingâŠ
$BTC ETFs had just suffered about $463M in net outflows last week. So this isn't just another random green day â itâs a noticeable change in the flow of capital.
BlackRock's Bitcoin ETF alone brought in about $134M, while its Ethereum ETF added roughly $80.5M.
Does this mean the bottom is in?
Not necessarily.
The Fed decision and the U.S. crypto legislation vote are still major risks this week.
But if ETF inflows continue for several days while BTC holds its support, Iâd take that much more seriously.
Sometimes the first clue isn't the priceâŠ
It's where the big money is quietly going. đ
#Bitcoin #BTC #Ethereum #ETH #Crypto
After a rough week for crypto ETFs, institutional money suddenly started flowing back in.
On September 14, U.S. spot Bitcoin ETFs pulled in around $160M, while Ethereum ETFs attracted another $121M.
Thatâs roughly $281M entering $BTC + $ETH ETFs in a single day. đ°
And hereâs what makes this interestingâŠ
$BTC ETFs had just suffered about $463M in net outflows last week. So this isn't just another random green day â itâs a noticeable change in the flow of capital.
BlackRock's Bitcoin ETF alone brought in about $134M, while its Ethereum ETF added roughly $80.5M.
Does this mean the bottom is in?
Not necessarily.
The Fed decision and the U.S. crypto legislation vote are still major risks this week.
But if ETF inflows continue for several days while BTC holds its support, Iâd take that much more seriously.
Sometimes the first clue isn't the priceâŠ
It's where the big money is quietly going. đ
#Bitcoin #BTC #Ethereum #ETH #Crypto
