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Spot Bitcoin ETF Inflows Shoot to $365 Million, Institutions Ready for Q4 Rally? Coingape il y a 1 jour

Spot Bitcoin ETF Inflows Shoot to $365 Million, Institutions Ready for Q4 Rally? 📈

global rate cuts ETF Bitcoin Coingape institutions

Inflows into the spot Bitcoin ETF have surged to $365 million, coinciding with Bitcoin’s price exceeding $65,000 for the first time in nearly two months. This influx points to strong institutional interest and confidence in Bitcoin as a financial instrument.

The recent global rate cuts have acted as a catalyst for this growth, bolstering Bitcoin's performance. September is shaping up to be the best on record with a 10% monthly gain.

This development signals a robust Q4 as institutional investors are increasingly committing to Bitcoin, setting the stage for potential further gains.

Source : coingape.com ↗

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