$BITCOIN $ETFT.ETF
đ° Bitcoin ETFs got $6.34 billion in new money during Q3.
đ Bitcoin rose about 43% during that period.
đŠ This means big/institutional investors are buying Bitcoin.
â ïž But ETF inflows slowed near the end of September.
đą Overall: still bullish, but we need to watch October flows.
In short: More institutional money â generally good for Bitcoin.#BitcoinSpotETFsDraw$6.34BInflowsInQ3#etf #BTC
đ° Bitcoin ETFs got $6.34 billion in new money during Q3.
đ Bitcoin rose about 43% during that period.
đŠ This means big/institutional investors are buying Bitcoin.
â ïž But ETF inflows slowed near the end of September.
đą Overall: still bullish, but we need to watch October flows.
In short: More institutional money â generally good for Bitcoin.#BitcoinSpotETFsDraw$6.34BInflowsInQ3#etf #BTC