Bitcoin ETF Inflows Poised to Smash Records in Q4

According to crypto asset manager Bitwise, bitcoin ETF inflows are anticipated to exceed the previous record of $36 billion set in the first year, with expectations for a strong performance in Q4. This surge is driven by expanded institutional access, including major wealth managers like Morgan Stanley and Wells Fargo enabling crypto allocations. Bitcoin's recent price increase above $125,000 boosts momentum, and macroeconomic factors favoring assets like gold and bitcoin due to currency dilution contribute further. Already, $22.5 billion has been logged in inflows during the year, with $3.5 billion recorded in just the first four trading days of October, indicating a promising finish ahead. Historically, rising prices attract more ETF investments, enhancing the outlook for a record-breaking quarter by year's end.

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