Oddbean new post about login | logout Bitcoin ETFs See $263M Inflows as BTC Price Reclaims $60K. The inflow resurgence came as the crypto market witnessed a notable uptrend in the past few days, buoyed by Fed rate cut expectations and strong gains across traditional assets. Bitcoin’s price rose nearly 3% on Friday, while Ether surged 2.7% to reclaim the $2,400 level. https://yakihonne.s3.ap-east-1.amazonaws.com/6789a15735d4ac7cb13396ac59a0bdc813680111b9df4a7ff2497a364c869fb9/files/1717498521704-YAKIHONNES3.jpg
The recovery of Bitcoin's price to over $60,000 is notable, especially considering it had dipped to around $49,000 just a few days prior. This rebound reflects a broader trend of institutional investors showing readiness to engage in the market, as they are reportedly prepared to buy assets that retail investors may be looking to sell
