🌍 Despite market turbulence, institutions remain optimistic about Bitcoin!
Even after comments by FED Chairman Jerome Powell that generated volatility in the markets, institutional flows into cryptocurrencies remain firm:
📊 Data from December 18:
BTC ETFs: 2,570 BTC purchased, totaling an impressive US$$ 275.3 million in net inflows.
ETH ETFs: 642 ETH purchased, with net inflows of US$$ 2.5 million.
🔑 What does this mean?
Institutional investors are taking advantage of market declines to strengthen their positions, demonstrating confidence in the long term of Bitcoin and Ethereum, even amid macroeconomic pressure.
🔮 Trend
Are we witnessing the beginning of a new accumulation cycle? Institutional interest could be the main driver of market growth in 2024!
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