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The return of the Bitcoin ETFs

The return of the Bitcoin ETFs

It’s all about liquidity

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Ecoinometrics
May 20, 2024
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Ecoinometrics
Ecoinometrics
The return of the Bitcoin ETFs
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You've seen sone life return into Bitcoin last week. BTC is at $67 000 as I write those lines.

And that happens to coincide with the inflows making a comeback for the Bitcoin ETFs. That's not a coincidence and I've made my case why over here. 

Here is what's happening.


The Ecoinometrics newsletter gives you insights from crypto and macro data to help you make better investment decisions. 

We spend hours every day gathering data, creating metrics and bringing them to life with data visualizations that allow you to quickly get to the heart of things.

We then distill all that knowledge in each issue of the newsletter with less words and more charts so that you get insights, direct to the point, in five minutes or less.

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Done? Thanks! That’s great! Now let’s dive in.

P.S. we have just released a new dashboard on the Bitcoin miners. The purpose of this dashboard is to track if the Bitcoin miners stocks are over priced or under priced relative to Bitcoin. Paid subscribers can check it out here.


The return of the Bitcoin ETFs

The takeaway

The Bitcoin ETFs have registered two consecutive weeks of inflows after a full month of outflows. It is too early to tell but if that trend continues Bitcoin would be ripe for another leg up. The bull market is not dead.

Global liquidity appears poised for an upward trend, and there is widespread anticipation for this shift.

However, the timing remains uncertain. China is actively stimulating its economy out of necessity, while the US faces a dilemma due to unresolved inflation concerns.

Two weeks of inflows

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