Bitcoin ETFs See $430M Inflow as US Government Shutdown Fuels Safe-Haven Demand

Group 1: Bitcoin ETFs and Market Dynamics - Bitcoin exchange-traded funds (ETFs) have experienced a significant increase in investor interest, with a net inflow of $430 million on September 30, bringing the cumulative inflow to over $950 million in just two trading sessions [1] - The recent inflows have helped stabilize Bitcoin's price, which is currently trading around $114,500, following a week of outflows that negatively impacted market sentiment [1] Group 2: Government Shutdown and Economic Impact - The US federal government entered a shutdown on October 1 due to a budget negotiation deadlock, affecting approximately 750,000 federal employees with furloughs or delayed pay [2] - The shutdown has led to the suspension of non-essential government services, creating financial strain on workers that could mirror the difficulties experienced during the 2018-2019 shutdown [3] Group 3: Safe-Haven Assets and Market Predictions - Analysts suggest that the political dysfunction from the government shutdown may increase demand for alternative stores of value like Bitcoin and gold, with gold prices already reaching new highs [3][4] - Bitcoin is often referred to as "digital gold," and its price is expected to follow gold's upward trend, with analysts predicting a bullish outlook for Q4 2025 despite potential short-term volatility [4] - Crypto analysts believe October could lead Bitcoin to a new all-time high, with expectations of a price breakout in the coming months, although short-term dips may present buying opportunities [5]