CryptoQuant Founder: If Crypto ETFs Resume Inflows After Midterm Elections, the Market Will Return to an Uptrend
Oct 29, 17:32
October 29: Ki Young Ju, founder of CryptoQuant, posted that Bitcoin ETF net inflows have been almost zero this year, yet BTC has only fallen 7%. With little ETF demand and stable prices, large sell-offs by OG whales or miners seem unlikely. Those who wanted to sell have likely already sold.
Ki Young Ju expects that once mid-term uncertainties fade and ETF inflows resume, bullish momentum will return.