Bitcoin ETF inflows continue to influence market dynamics, with data indicating that an incremental addition of 10,000 BTC to ETF portfolios can elevate the average price by approximately 1.8%. This correlation underscores the growing impact of institutional investment vehicles on Bitcoin’s price discovery process. Market analysts emphasize that sustained accumulation through ETFs could contribute to a bullish trajectory, potentially driving Bitcoin prices toward the $150,000 mark by October, contingent on prevailing market conditions and liquidity factors. Investors should monitor ETF inflows closely as a key indicator of institutional demand and market sentiment.
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Source: https://en.coinotag.com/breakingnews/bitcoin-etf-holdings-surge-every-10000-btc-boost-could-drive-price-to-150000-by-october/