Markets· ★★★· bullish·

Bitcoin Rises 7–8% in September on ETF Inflows and Corporate Buying

  • —Bitcoin's September gain is estimated at 7–8% by Santiment and 24/7 Wall St.
  • —US spot bitcoin ETFs drew $2.4 billion in the week of Sept. 21–25
  • —Strategy bought 1,665 BTC for $142.7 million on Sept. 21–27
  • —Strive purchased 1,107 BTC for $94.5 million on Sept. 21–25
Why it matters: Combined ETF inflows and corporate purchases underpin demand, but high rates and rising leverage pose a risk of a sharp correction.
Source: TokenPost