Institutional funds are making a comeback in the crypto market, as highlighted by QCP Asia's analysis. Following recent market volatility due to CPI data, Bitcoin spot ETFs have experienced significant net inflows for five consecutive days. Ethereum also recorded its largest single-day net inflow in two weeks.
Additionally, XRP and SOL have strengthened after the SEC's decision delay, which the market views as a postponement rather than a rejection. The CMC Altcoin Seasonal Index has climbed to 72, and the total market capitalization has reached $1.73 trillion, both marking 90-day highs. Bitcoin remains stable above $107,000, though persistent inflation and weak employment figures may pose challenges for the Federal Reserve's future policy decisions.
Institutional Funds Return as BTC and ETH Spot ETFs See Net Inflows
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