🚨 BITCOIN IS BACK ABOVE $81K AND THE MONEY IS FLOWING IN
Bitcoin has reclaimed the $80,000 – $81,000 area and is now sharply rising on the rebound of the crypto market. 📈
But there may also be something going on behind the scene.
The Bitcoin ETFs in the US recorded a net inflow of $324.6M in spot Bitcoin on September 18.
And here’s the breakdown:
Fidelity FBTC: +$310.7M
Bitwise BITB: +$9.7M
ARKB: +$1.9M
VanEck HODL: +$2.3M
BlackRock IBIT: $0 net flow
So Fidelity accounted for almost 96% of the inflows for the day.
It came after days of heavy outflows from the ETFs which makes the turnaround even more impressive.
BTC PRICE + INSTITUTIONAL FLOW
Bitcoin is doing more than just reclaiming a round number.
The asset is seeing capital return to the regulated spot products at the same time.
Now the market has one pressing question: is this the beginning of another extended move higher for Bitcoin or is it just a powerful relief rally?
Watch the ETF inflows + volume + $80K price closely.
No opinion.
No blind proclamations.
Just liquidity. 👀
DYOR.
#Bitcoin #BTC #Crypto #BitcoinETF #CryptoNews #Dwarix
