Bitcoin ETF inflows rise as Jane Street rebuilds $1B BTC position, hinting at renewed institutional interest.
Bitcoin ETFs saw over $500 million in net inflows in Q3, though this only partially offsets $4 billion withdrawn in June. Jane Street notably increased its Bitcoin ETF holdings by around $630 million in Q2 after a sharp sell-off in Q1, signaling renewed institutional buying. This move, combined with recent ETF inflows and market deleveraging, suggests the start of a potential new institutional cycle for Bitcoin. If other major firms follow suit, institutional demand could drive Bitcoin's next price phase.
Bitcoin ETFs saw over $500 million in net inflows in Q3, though this only partially offsets $4 billion withdrawn in June. Jane Street notably increased its Bitcoin ETF holdings by around $630 million in Q2 after a sharp sell-off in Q1, signaling renewed institutional buying. This move, combined with recent ETF inflows and market deleveraging, suggests the start of a potential new institutional cycle for Bitcoin. If other major firms follow suit, institutional demand could drive Bitcoin's next price phase.
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