✉news BusinessCrypto first seen 17 h ago, last 13 h ago, peak #9
Bitcoin ETF inflows drove September rebound, momentum now fading
Original: Bitcoin ETF inflows fuelled September's rebound, but the momentum has faded
Bitcoin exchange-traded funds saw strong inflows that helped power the cryptocurrency's rebound through September, according to market commentary. Analysts note, however, that this buying momentum has since cooled, raising questions about whether the rally can continue without sustained institutional demand. Traders are watching ETF flow data closely as a gauge of institutional appetite for bitcoin.
Why now: Investors are assessing whether the fading ETF inflows signal an end to bitcoin's recent rally.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1064644