#BitcoinETFsPullIn$1.08BInThreeDays
đșđž Bitcoin ETFs Pull In $1.08B in Three Days
đ Mon +$526.6M, Tue +$23M, Wed +$528.4M (SoSoValue)
đŠ Wednesday: IBIT +$235M, FBTC +$212.7M, about 84% of the day
đ Eight funds saw inflows Wednesday, including GBTC +$32.6M and BITB +$19.2M
đ That erases last week's ~$228M of outflows; October is now ~+$461M net
đŒ Net assets ~$109.3B; ~$58B cumulative inflows since Jan 2024
â ïž BTC 28-day realized volatility near 1.2%, close to this year's low (K33)
đ Next: Fed decision Oct 28, US midterms Nov 3
What it means for crypto: Broader ETF buying is a firmer base for $BTC, but price hasn't followed yet. It's ~$81.7K today, down ~2.2% in 24h as tech earnings weigh on risk assets.
Are ETF inflows enough to lift Bitcoin before the Fed? đ
$BTC
#CryptoNews #BitcoinETFsPullIn$1.08BInThreeDays #BitcoinETF #ETFFlows
đșđž Bitcoin ETFs Pull In $1.08B in Three Days
đ Mon +$526.6M, Tue +$23M, Wed +$528.4M (SoSoValue)
đŠ Wednesday: IBIT +$235M, FBTC +$212.7M, about 84% of the day
đ Eight funds saw inflows Wednesday, including GBTC +$32.6M and BITB +$19.2M
đ That erases last week's ~$228M of outflows; October is now ~+$461M net
đŒ Net assets ~$109.3B; ~$58B cumulative inflows since Jan 2024
â ïž BTC 28-day realized volatility near 1.2%, close to this year's low (K33)
đ Next: Fed decision Oct 28, US midterms Nov 3
What it means for crypto: Broader ETF buying is a firmer base for $BTC, but price hasn't followed yet. It's ~$81.7K today, down ~2.2% in 24h as tech earnings weigh on risk assets.
Are ETF inflows enough to lift Bitcoin before the Fed? đ
$BTC
#CryptoNews #BitcoinETFsPullIn$1.08BInThreeDays #BitcoinETF #ETFFlows