Bitcoin ETF Holdings Surge: Every 10,000 BTC Boost Could Drive Price to $150,000 by October

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/