Q2: Bitcoin ETFs saw about $5B walk out the door.
Q3: $6.34B came back in.
That's an $11B+ turnaround in net flows in one quarter (SoSoValue data via Binance News), and $BTC finished the quarter up 42.7%.
So why does it feel stuck? Price got rejected at $87K and is sitting near $85.1K, while Fear & Greed reads 65 (Greed). The money showed up. The easy part of the move probably already happened.
What I'm watching this week (IST):
- Wed 23:30: Fed minutes from the September meeting
- Thu 18:00: US weekly jobless claims
If Q4 flows keep anything close to the Q3 pace, $87K is a speed bump, not a ceiling. If flows stall after more weak jobs data, today's low near $84.5K is the first level I'd check.
Do you think ETF money keeps coming in Q4, or was Q3 the peak?
My view, not financial advice. #BitcoinSpotETFsDraw$6.34BInflowsInQ3
Q3: $6.34B came back in.
That's an $11B+ turnaround in net flows in one quarter (SoSoValue data via Binance News), and $BTC finished the quarter up 42.7%.
So why does it feel stuck? Price got rejected at $87K and is sitting near $85.1K, while Fear & Greed reads 65 (Greed). The money showed up. The easy part of the move probably already happened.
What I'm watching this week (IST):
- Wed 23:30: Fed minutes from the September meeting
- Thu 18:00: US weekly jobless claims
If Q4 flows keep anything close to the Q3 pace, $87K is a speed bump, not a ceiling. If flows stall after more weak jobs data, today's low near $84.5K is the first level I'd check.
Do you think ETF money keeps coming in Q4, or was Q3 the peak?
My view, not financial advice. #BitcoinSpotETFsDraw$6.34BInflowsInQ3