The dollar is weak, Bitcoin ETF absorbs $246 million, triggering a "gold rush" for institutional investors
Source: CoinWorld
Time: 2025-09-09 14:33:05
The dollar/offshore yuan exchange rate weakened, driving investors to turn to cryptocurrencies, driven by political uncertainty in Asia and expectations of a Fed rate cut. In early September 2025, Bitcoin ETF inflows surged to $246.42 million, led by BlackRock's IBIT, while Ethereum ETFs showed outflows. Institutional demand, including corporate Bitcoin acquisitions, contrasts with whale sell-offs, shaping market dynamics as Fed policies remain vital to cryptocurrency price movements.