🚨 Bitcoin Spot ETF has recorded its first green week since May.
On a weekly basis, there was approximately $197.4 million net inflow.
The resumption of institutional buying is a positive signal.
Source: SoSoValue https://t.co/LuA1pZn3bx
🚨 Bitcoin Spot ETF has recorded its first green week since May.
On a weekly basis, there was approximately $197.4 million net inflow.
The resumption of institutional buying is a positive signal.
Source: SoSoValue https://t.co/LuA1pZn3bx
🚨 Money is flowing back into crypto.
The total crypto market has grown by about $170 billion since July 1.
The technical outlook is positive for now. However, the real test will be next week's inflation data and Fed statements. https://t.co/a9xkipcCtX
📊 30-Day ETF Money
The capital flows show a clear rotation:
🔴 BTC: –2,28 Mrd. $
🔴 ETH: –233,47 Mio. $
🟢 HYPE: +154,61 Mio. $
🟢 XRP: +45,70 Mio. $
🟢 SOL: +7,59 Mio. $
While Bitcoin and Ethereum record significant outflows, capital flows into smaller, newer spot ETFs.
Especially notable: The 30‑day inflows for HYPE are almost half of the total net inflow so far.
Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.