10x Research: ETF inflows are lower than expected, which may indicate that the Bitcoin sell-off has just begun
According to BlockBeats, 10x Reaearch founder Markus Thielen said that recent inflows into Fidelity and BlackRock’s Bitcoin spot ETFs have been lower than expected, which may indicate that the Bitcoin sell-off has just begun. If ETF outflows continue next week, Bitcoin could fall below $60,000. But in the long term, Markus Thielen is still optimistic. Even if it cannot reach the $100,000 mark, Bitcoin will still hit $83,000 in the future.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
How to avoid AI? This is the big dilemma for pension funds and sovereign funds
The AI wave is breaking through institutional investors' diversification defenses. From stocks and private equity to bonds and infrastructure, AI risk has fully penetrated—Goldman Sachs estimates that companies related to AI account for 40% of the S&P 500's market value, and AI bond issuances make up nearly half of the investment-grade market. Pension funds and sovereign wealth funds are being forced to redefine "risk," struggling to survive between missing out on gains and excessive concentration.
Weekly U.S. Equities Macro Outlook (Sep 21–Sep 25):
Highlights of the U.S. Stock Market This Week: Intensive Speeches from Federal Reserve Officials, Middle East Situation and China-U.S. Summit Influence the Market
This week, U.S. stock market investors will focus on the trajectory of interest rates, tensions in the Middle East, the U.S.-China summit and technology-related topics, as well as calls to slow down the development of artificial intelligence (AI), while weighing whether major stock indexes can reach new historical highs.
Crypto prices
More
