CoinDesk: Digital Assets Outperformed Stocks and Gold in Q3
- —CD20 rose 52.7% to 2,447; bitcoin gained 42.7% to $83,554
- —S&P 500 and Nasdaq rose 2.03% and 0.85%; gold added 3.84%
- —Quarterly net inflows into bitcoin ETFs reached $6.36 billion
- —ETF inflows hit $3.54 billion in August and $2.65 billion in September
Why it matters: Returning institutional flows and the growth of tokenized equities reinforce the convergence of TradFi and crypto, supporting bitcoin demand.
Source: Cryptonews.net