Bitcoin (BTC) Spot ETFs are considered a marker of institutional interest in the asset.
Bitcoin Spot ETF inflow hit its highest level in over 50 days with $263 million positive net flow on Friday, September 13. Bitcoin dominance makes news highs almost everyday, climbs past 57% on Saturday. BTC fear and greed index flashes neutral after asset breaks past $60,000 psychological barrier. BTC trades at $60,134 at the time of writing. Bitcoin Spot ETFs are considered a marker of institutional interest in the asset.
Bitcoin Spot ETF inflows The fear and greed index measures the sentiment among Bitcoin traders. The index reads neutral on Saturday, as Bitcoin makes a comeback above the psychological barrier of $60,000. Bitcoin fear and greed index The asset’s supply on exchanges is now at its lowest point since 2018. Declining exchange supply is considered a positive sign for the cryptocurrency since it reduces the available tokens for sale on exchange platforms and reduces selling pressure.
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