TIDEZINE.
Blockchain

Bitcoin Nears $80K: Bernstein Says ETF Inflow Rebound Marks Momentum Turning Point

As bitcoin's price pushes toward $80,000, Bernstein notes that U.S. spot bitcoin ETF inflows have picked back up, while Strategy's bitcoin holdings have also climbed back above its average purchase cost.

Sage Lo, Technology & Blockchain Research Editor
Prefer TIDEZINE on Google (opens in a new window)
Bitcoin Nears $80K: Bernstein Says ETF Inflow Rebound Marks Momentum Turning Point

As bitcoin's price advances toward the $80,000 mark, Bernstein's read on what's driving this rally centers on fund flows: a rebound in inflows into U.S. spot bitcoin ETFs, which the firm sees as a key signal behind the shift in momentum.

Another figure worth putting into the same picture is Strategy's (formerly MicroStrategy) bitcoin holdings. The company, long known for aggressively buying bitcoin for its corporate balance sheet, has seen its position climb back above its average purchase cost amid the recent price recovery—meaning its on-paper bitcoin position has finally flipped from a loss back into the black.

The ETF inflow rebound and Strategy's swing back to profitability represent two distinct dynamics: one reflects institutional investors' fund flows moving in and out of the market via ETFs, the other reflects the cost structure of a single large holder. Bernstein points to both together as evidence that this bitcoin rally is being driven by liquidity.

Currently available public information does not disclose the specific dollar amount of ETF inflows, nor does it reveal Strategy's average purchase cost figure—details on both remain pending further official disclosure.

Tags#比特幣#Bernstein#比特幣ETF#Strategy#MicroStrategy

Follow what interests you

Start with a brand tag or a section to build your own reading list.

My follows →

Related

Urayama SKY Links a Garden, Vegetarian Dining and Art Above Taipei
Lifestyle

Urayama SKY Links a Garden, Vegetarian Dining and Art Above Taipei

Opened October14 on floors11–12 of the science education center, with a NT$350 minimum spend, Monday–Tuesday closures and exhibitions ending on different dates.

Fumie Shibata’s Halo puts a real flame inside curved glass
Lifestyle

Fumie Shibata’s Halo puts a real flame inside curved glass

EcoSmart Fire’s Halo launched in Japan on October 17. A Tokyo installation runs through November 30, with a styling and photography conversation on November 4.

Ron Herman and Anya Hindmarch turn shopping bags and lemon-cake packaging into charms, arriving December 4
Fashion

Ron Herman and Anya Hindmarch turn shopping bags and lemon-cake packaging into charms, arriving December 4

The black Small Mortimer Tote launched on October 24, while Ron Herman and Anya Hindmarch’s shopping-bag and lemon-cake charms are scheduled for December 4. Explore the details and Japanese prices.

NEEDLES puts butterflies on souvenir jackets and Hawaiian shirts with TAILOR TOYO and SUN SURF
Fashion

NEEDLES puts butterflies on souvenir jackets and Hawaiian shirts with TAILOR TOYO and SUN SURF

Two October collaborations pair a TAILOR TOYO wool souvenir jacket with a SUN SURF flannel shirt. Explore the city-name embroidery, two butterfly patterns and Japanese prices.

AMI PARIS × Guss Damn Good in Bangkok: two ice cream flavours and limited weekend tastings at Siam Paragon until November 15
Fashion

AMI PARIS × Guss Damn Good in Bangkok: two ice cream flavours and limited weekend tastings at Siam Paragon until November 15

AMI PARIS translates its autumn/winter collection into Cherry Delight and Chocolate Crumble. Explore the striped ice cream cart, Ami de Cœur chocolate and participation details at Siam Paragon’s M Floor.

TEN SHOW or Korean Noodles? TOPONEPOT’s Two New Taichung Brands
Food

TEN SHOW or Korean Noodles? TOPONEPOT’s Two New Taichung Brands

Compare clay pots from NT$99, rice from an extra NT$15, and NT$180 clam noodles, with separate tea or coffee options and two distinct store addresses.