ETF inflows are already at record annual flows. Todd Rosenbluth, VettaFi head of research, on what's driving the momentum and the trends that are standing out. Anna Paglia, State Street chief business officer, joins the conversation as well. ...

⚡️ INSIGHT: Investors now view $XRP as a payments-focused play that could draw over $1B in ETF inflows.Is XRP really the new Bitcoin or carving its own lane? https://t.co/FTvOz7S8a9 ...

🚨 LATEST: Bitcoin realized cap surges $8B past $1.1T as onchain demand remains robust, but recovery lacks ETF inflows and Strategy buying, per CryptoQuant. https://t.co/uNVrqZfVy7 ...

Market Overview - October 2025 experienced a significant market downturn, contrasting with the expected bullish trend [1][2] - A major liquidation event occurred, exceeding the combined impact of the FTX collapse and the COVID panic in March 2020 [7][8] - The crypto fear and greed index plummeted into extreme fear territory [11] Key Events and Triggers - Bitcoin reached a new all-time high of $126,296 before the crash [4] - Geopolitical tensions, specifically trade war concerns, triggered a deleveraging event [6] - The Federal Reserve's rate cut and the end of quantitative tightening (QT) initially led to a market sell-off due to cautious remarks [12] Financial Impact - $1937 billion in leveraged positions were liquidated, impacting 16 million traders [7] - Bitcoin plunged 18% from its all-time high, while Ethereum fell over 20% [9] - Altcoins experienced more severe losses, with some coins losing 60% to 80% of their value [10] Potential for Recovery - The market purge of excess leverage could create a healthier foundation for a future rally [17][18] - The end of QT and potential further rate cuts could provide a tailwind for risk assets like crypto [21] - Institutional demand remained resilient, with Bitcoin ETFs seeing net inflows even after the crash [22] Future Outlook - Bitcoin and Ethereum could potentially break through their all-time highs by the end of the year, but the path is narrow [24] - Altcoin season is less likely in the immediate future, with Bitcoin dominance increasing [28][29] - The next altcoin rally will likely be more selective, favoring high-quality projects with strong fundamentals [32]

RT SolanaFloor (@SolanaFloor)🚨JUST IN: @BitwiseInvest's spot Solana ETF ($BSOL) recorded $69.5 million in first-day inflows, nearly 480% higher than the $12 million recorded by $SSK on its debut. https://t.co/1R2SaeTh1j ...

📈 ALERT: Solana surges as the first US Solana ETF launches on the NYSE.Analysts say $SOL could rally over 100% to $400+, fueled by ETF inflows and bullish technicals. https://t.co/tOypMZ7ghQ ...

Market Sentiment - Wintermute suggests aggressive bidding strategies due to easing yields and decreased volatility [1] - The market anticipates a classic Q4 rotation into risk assets [1] - Improved liquidity and cleaner positioning are observed in DeFi and AI sectors [1] Bitcoin Performance - Bitcoin has reclaimed $115,000, driven by ETF inflows and short squeezes [1] - Historically, Q4 has been the strongest period for Bitcoin [1] Macroeconomic Factors - Macro tailwinds, cooling inflation, stabilizing geopolitical tensions, and a dovish FED are creating a supportive environment for the rest of the year [1]

All right, gold and silver both pacing for their best week in five years. For more on that recent rally and his outlook for the precious metals, we want to bring in Don Striven. He is co-head of global commodities research at Goldman Sachs.And Don, you recently brought up your price target for gold, the gold, the price you expect by December of next year. Um, what' you say. 4,900 instead of the 4,300 that you'd been at previously.What what made you say aside from just watching how quickly things were runnin ...

Group 1: Market Performance - Bitcoin reached a new all-time high of $126,000 on October 6, while gold hit a new all-time high of $4,070 just two days later, with gold up 52% year-to-date compared to Bitcoin's 32% [2][3] - Gold's market cap stands at over $27 trillion, significantly larger than Bitcoin's $2.6 trillion market cap, indicating that gold is over 10 times the size of Bitcoin [3] Group 2: Drivers of Performance - Bitcoin's recent surge is attributed to $5.3 billion in ETF inflows, with IBIT becoming the top ETF [3] - Gold benefits from safe-haven demand, rate-cut expectations, and significant purchases by central banks, particularly from China and BRICS nations, which have been buying approximately 1,000 tonnes per year [8] Group 3: ETF Activity - Spot Bitcoin ETF inflows reached $1.2 billion on a recent Monday, marking the second-highest inflow day, indicating strong demand from rules-driven buyers [6] - The tightening float of Bitcoin, with exchange balances at multi-year lows, suggests that new ETF demand could have a pronounced impact on prices [6] Group 4: Macro Factors - Softer economic data and rising expectations for rate cuts are contributing to a bullish outlook for Bitcoin, alongside traditional seasonal trends in October [7] - Anticipated Federal Reserve cuts, a weaker dollar, and macro-political anxieties are driving flows into gold, reinforcing its demand [8]

Core Insights - Bitcoin is currently trading above $123,000, driven by ETF inflows and mid-tier accumulation, indicating a strong bullish sentiment in the market [2][8] - Analysts highlight a structural bullish market with signs of froth on top, suggesting that while there is strong underlying support, the market may be crowded [4][6] - There are concerns about market complacency, with record high futures open interest and elevated funding rates, indicating potential vulnerability to a sharp decline if momentum fades [5][6] Market Dynamics - Capital is rotating from overextended AI equities into "credibility hedges" like gold and Bitcoin as policy uncertainty increases [3] - Record ETF inflows and mid-tier accumulation are flipping resistance into support, reinforcing the bullish outlook for Bitcoin [4] - The current market pullback is seen as a necessary reset of leverage, which could restore balance and prepare the market for further upward movement [6][7] Trading Sentiment - The market is characterized by high funding rates and increasing open interest, suggesting traders may soon experience the reset they have been anticipating [7] - The focus is on whether Bitcoin can maintain its position above $120,000, with the next dip potentially revealing the rally's strength or its fragility [7] - Institutional demand and the broader narrative of "debasement trade" are expected to sustain the upward trend as the market enters a seasonally bullish period in October [8]