**Nigel Green: Institutional money is what makes this BTC rally different**
deVere Group CEO Nigel Green says Bitcoin's recovery has real staying power this time — because it's institutional, not leveraged speculation. "Patient capital that plans to stay," he called it.
📊 **The flows:**
• $433M net inflows into spot BTC ETFs on Sept 18
• $159.5M (Sept 17) + $159.9M (Sept 14)
• But $746.3M in outflows on Sept 15-16 nearly wiped it out
• Net across 5 days: only ~$6.1M (Farside data)
BlackRock's IBIT led the rebound, but ETH/XRP funds kept bleeding — so demand hasn't broadened across crypto yet.
⚖️ **Headwind:** Fed just hiked to 3.75%-4% on Sept 16, raising the opportunity cost of holding non-yielding BTC. Grayscale calls it a "limited adjustment," not a return to 2022-style tightening.
🏛️ **Green's bigger bet:** if the CLARITY Act (stalled in the Senate on Sept 15) eventually passes, it could unlock a much larger wave of institutional allocation — "the next wave could dwarf this one."
His view: "Bitcoin is a permanent fixture in the global portfolio conversation."
*NFA — DYOR* 🧠
#bitcoin #ETF #Institutional