Jeroen Blockland emphasizes the size of BTC ETF inflows, stating that it is better than the 7 largest stocks.
Titan of Crypto and many other experts expect a new ATH (all-time high) for Bitcoin by September.
BTC ETFs have reached a reserve size of $60 billion in an environment that has not yet been adopted by large companies such as Vanguard. Ether ETFs saw net inflows on their first day, but a whopping 5% of the Grayscale fund was sold in a single day. Due to the acceleration of MtGox refunds, the BTC price dropped to $65,441, which led to greater losses in altcoins. So, what are the experts' predictions for September?
The world's largest asset manager started to take steps for Bitcoin ETF, and this produced expected results. BlackRock's Bitcoin ETF inflows have been a huge success, going further than the giant 7 stocks. This is quite an achievement, according to Jeroen Blockland, founder of Blockland Smart Wealth Fund. More than Invesco's Nasdaq 100 ETF, even including the Fab 7 stocks and the AI ââboom.
Additionally, the 10 billion USD inflow collected by Fidelity for spot Bitcoin ranks 11th. The so-called "Magnificent 7" stocks include Microsoft, Apple, Tesla, Amazon, Meta, Alphabet and Nvidia. It is quite surprising that Bitcoin is 90% smaller than these stocks in terms of market cap.
Although BTC is still small in terms of market value, demand remains strong.
September Forecast for Cryptocurrencies
The rise in Bitcoin price also means increasing momentum for altcoins. The total reserve size of US-based BTC ETFs has exceeded $61 billion, and 4.6% of the entire supply has entered the ETF channel in just 7 months. This increase in demand coincides with the beginning of sales in MTGOX and the USA.
While the markets are worried about the impact of the $10 billion sale, ETFs have reached 6 times this amount. Many analysts, including Titan of Crypto, expect Bitcoin to form a new strong high in or around September. While Capo states that the parabolic rally can start immediately, Titan predicts that BTC will reach $ 88,500 by September. This means that altcoins could reach much higher levels than current levels.
"Bitcoin's interim target: $88,500! BTC is above Tenkan again on the weekly timeframe."
75% of new BTC investments came through the ETF channel, and this large investment took place in an environment where brokerage firms have not yet fully adopted ETFs.
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can get it done in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.
