ETF Inflows Hit $1B on Monday, But Did They Lead or Follow Bitcoin's Rally?
Bitcoin ETFs saw $1B inflow Monday, but a short squeeze preceded it, suggesting ETF flows may be chasing rather than driving the rally.
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Bitcoin ETFs saw $1B inflow Monday, but a short squeeze preceded it, suggesting ETF flows may be chasing rather than driving the rally.
CryptoQuant CEO Ki Young Ju expects Bitcoin gains of 3-5x this cycle, not 10x, citing institutional ownership and on-chain data.
Bitcoin ETFs drew nearly $1B on Sept 21; Strategy bought 950 BTC. Rally shows demand beyond short covering, but lasting institutional support is unconfirmed.
Oil fell after US and Iran held Qatar-mediated talks in New York. Australian PMI softened and ADB reduced China inflation outlook.
The ADB kept its China growth forecasts unchanged but cut the inflation outlook, pointing to soft demand. It slightly raised the Asia growth forecast.
Oil falls after US-Iran talks at UN; Australian jobs data due Thursday.
CBA forecasts Australia added 15,000 jobs in August, with unemployment steady at 4.5%, below the market consensus of 20,000.
The Clarity Act failed a Senate vote; regulators take action and political money moves as Republicans weigh three concessions.
Morgan Stanley downgrades Ericsson, cuts price targets, warns on margins, and prefers Nokia. Shares fall over 3%.
Strive CEO Matt Cole says Bitcoin could rise without limit versus the dollar as US debt worsens.