Bitget Research Institute: Bitcoin ETFs Accumulate $480 Million in Inflows in Last 4 Days, MEME Sector Leads Continued Rally

Bitget Research Institute released a research report that said the overall market sentiment remains neutral after the bitcoin price broke through $61,000 yesterday and retreated. The Federal Reserve will announce its interest rate resolution at the FOMC meeting in the early hours of this Thursday morning, and the market generally believes that this interest rate resolution will be the beginning of a rate cut, when the overall market will experience large fluctuations, and investors should be prepared to take precautions in advance.
In terms of ETFs, Bitcoin ETF has accumulated net inflows for 4 trading days, reaching a cumulative amount of $480 million; Ether ETF is still underperforming, with a net outflow of $15.1 million yesterday.The capital side of the ETF market is obviously more concerned about Bitcoin, resulting in the ETH/BTC exchange rate dropping to a new low in nearly 3 years.
On the crypto ecosystem side, the overall MEME market shifted to a more active state after receiving the impact of the recent launch of MEME coins on CoinSafe. With Neiro as the leader of various types of MEME coins with the same name and the same type of MEME coins popping up, investors need to be careful when trading to distinguish between them, and the optimal solution is to trade directly on centralized exchanges to ensure the safety of funds.
For more information, please see the original report.https://www.bitget.fit/zh-CN/news/detail/12560604214131