Bitcoin ETF Inflows on Track for Record-Breaking Q4, Reports Bitwise
Bitcoin ETFs are on track to set a new quarterly record for inflows, according to Bitwise.
Bitwise anticipates a significant surge in Q4 due to increased institutional access and favorable macroeconomic conditions.
The 2025 bitcoin ETF inflows could surpass the previous record of $36 billion. As of September, $22.5 billion has already been logged.
A major catalyst was Morgan Stanley clearing its advisers to allocate to crypto, with similar moves by Wells Fargo and potential actions from UBS and Merrill Lynch.
Macro forces like currency dilution have increased interest in bitcoin and gold as part of the "debasement trade."
Bitcoin's price rally contributes to this momentum, recently trading above $125,000, up 9% in early October.
Historically, price increases have led to more ETF inflows. The fourth quarter started strong with $3.5 billion in net flows in the first four days.
Year-to-date total ETF inflows reached $25.9 billion, suggesting a record-breaking year is possible.
