Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin,
Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum ETFs Hit Multi-
Week Highs Amid Crypto
Recovery
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin and Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum ETFs (exchange-traded funds) recorded the highest
multi-week inflows in the session ending Friday, September 27. This comes amid
ongoing chatter about the crypto market s recovery.
With a track record of less-than-desirable returns in September, given it has
historically been Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s worst-performing month, markets anticipate better
fortunes in October as the month nears its end.
Crypto ETFs Inflows At Multi-Week Highs
Crypto investors bought 7,526 Bitcoin (BTC• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin) and 22,310 Ethereum (ETH• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum) on
Friday, resulting in net inflows of $494.4 million and $58.7 million for
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin and Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum ETFs, respectively.
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Spotonchain, an on-chain insights tool, reported that these inflows catapulted
total weekly flows to levels last seen weeks ago. Specifically, Bitcoin (BTC• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin)
ETFs recorded a total of $1.11 billion in positive flows, marking the largest
weekly inflow since July 19.
On the other hand, Ethereum (ETH• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum) ETFs had up to $84.6 million in total
inflows between Monday and Friday, the largest weekly inflow since August 9.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin and Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum ETF Flows This Week. Source: Spotonchain
Read more: How To Trade a Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ETF: A Step-by-Step Approach
Data from Farside Investors corroborates the report. It shows BlackRock’s IBIT
ETF led the inflows daily, save for Monday, where it recorded $11.5 million,
against Fidelity’s FBTC, which recorded $24.9 million in positive flows.
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Since their debut in the US market in January 2024, spot Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ETFs have
been a magnet for institutional investors. They offer direct portfolio
inclusion of Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin, bypassing the challenges of direct purchase and secure
storage.
As BeInCrypto reported, more than 1,000 institutional investors signed on
within just two 13F filing periods . This highlights how the market’s response
to BTC ETFs has been overwhelmingly positive.
Meanwhile, in the ETH ETF market, all issuers are struggling as the financial
instrument continues to underperform. Nevertheless, mustering positive flows
for both markets is not easy .
It comes as investors continue to bet on crypto market recovery , with Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin
holding well above $65,500.
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BTC Price Performance. Source: BeInCrypto
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin price strength is closely tied to broader economic indicators that
suggest a rise in liquidity. Such a turnout often benefits Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin due to its
sensitivity to liquidity changes. For starters, China is considering fiscal
aid for its citizenry amidst a struggling economy. Similarly, the US Federal
Reserve recently cut interest rates , which often bodes well for risk-on
assets.
Various economists have commented on the rising liquidity, including macro
researcher Julien Bittel.
“Liquidity is on the rise again, and Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin – being extremely sensitive to
changes in liquidity conditions – has the potential to move explosively as
fresh liquidity flows into the system. The macro environment is shifting. A
major liquidity wave is now on the horizon, and when it hits, Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin looks
primed for a strong push higher in Q4,” Bittel said .
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Similarly, the Global Money Index (GMI) also shows rising liquidity. This
metric measures the volume of money in circulation among consumers and banks.
Read more: Bitcoin (BTC• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin) Price Prediction 2024/2025/2030
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Global Money Index. Source: Global Macro Investor
An increase in the GMI typically signals more funds circulating and ready for
spending. This could lead to increased Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin purchases.
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