WS #15179
Bitcoin has posted its best third-quarter performance since 2017, gaining nearly 43% and attracting $6.34 billion in net inflows to US spot ETFs. This surge in institutional demand, coupled with Citi raising its price forecasts, signals a strong rotation into digital assets as a hedge against macro uncertainty. The momentum suggests that crypto is decoupling from traditional risk assets and establishing itself as a distinct liquidity proxy.
Bitcoin ETF Inflows Surge
Bitcoin has posted its best third-quarter performance since 2017, gaining nearly 43% and attracting $6.34 billion in net inflows to US spot ETFs. This surge in institutional demand, coupled with Citi raising its price forecasts, signals a strong rotation into digital assets as a hedge against macro uncertainty. The momentum suggests that crypto is decoupling from traditional risk assets and establishing itself as a distinct liquidity proxy.