🚨 Massive flows to BTC from the U.S.: Is Wall Street turning crypto?
According to CoinShares’ report, in June 2024 U.S. institutional investors injected a record $1.2 bn into Bitcoin, 30% more than the previous year. Glassnode confirms that in the last 24 hours the network saw $350 M net flowing to addresses >100k USD, the largest inflow since Q1 2022. This isn’t short-term noise; funds are fleeing stock market volatility and the Fed’s aggressive monetary policy, seeking refuge in crypto. Get ready: buying pressure will continue, and BTC derivatives could skyrocket. Are you joining the flow or just watching?
#BitcoinInflow #Glassnode #CoinShares
Not financial advice. Verify before investing.