The rise in the S&P 500 triggers investment transfer, Bitcoin ETF prospects are promising
Source: CoinWorld
Time: 2025-09-11 16:09:42
Bitcoin has exceeded $73,000 driven by institutional investor adoption, ETF expectations and cooling inflation. However, the S&P 500's outstanding performance is attracting capital to withdraw from cryptocurrencies, raising concerns about its relevance. While the clarity of spot ETF regulation may lead to new capital inflows, on-chain indicators show mixed signals: strong miner activity but stagnant trading volumes. More than 70% of asset managers expect Bitcoin prices to hit record highs in 2024 if the macro environment remains favorable.