Institutional Buying Rebuilds as Bitcoin ETF Inflows Rise
Bitcoin ETF inflows have increased as Jane Street rebuilds its $1B BTC position, signaling renewed institutional interest in the crypto market.
In Q3, Bitcoin ETFs saw over $500 million in net inflows, which only partially offsets the $4 billion withdrawn in June.
Jane Street notably increased its Bitcoin ETF holdings by around $630 million in Q2 after a sharp sell-off in Q1.
This move, combined with recent ETF inflows and market deleveraging, suggests the start of a potential new institutional cycle for Bitcoin.