Bitcoin traded near $83,000 on Monday, Decrypt and Bitcoin.com both reported. Decrypt put the odds of an October 28 Fed hike at 19.4% on CME FedWatch, yet spot ETFs took in only $21.13 million on Friday after two days of heavy outflows.
Reality
- Evidence62
- Adoption30
- Hype gap+10
- Incentives
- Not scored
- Confidence66
Spot bitcoin ETFs sit $451 million net negative for October even after BTC recovered 40% of its slide
Spot BTC ETFs lost about $680 million last week and $65 million on Monday, Decrypt's Morning Minute reported. Price has done better than flows: BTC at $83,400 is about 4% under last week's high after touching $81,000 on Monday.
Reality
- Evidence50
- Adoption
- Not scored
- Hype gap+8
- Incentives
- Not scored
- Confidence48
BDO's September index puts UK business cost pressure at a three-year high
BDO's UK inflation index rose to 103.65 in September, its highest reading since June 2023, on rising energy, fuel and raw material costs. The reading lands just ahead of the Autumn Budget, where BDO says firms want certainty.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+10
- Incentives35
- Confidence50
US spot Bitcoin ETFs have taken in about $3.1 billion over nine trading days, lifting their year-to-date net inflows to roughly $1 billion. Ether and Zcash funds slipped into small outflows after week-long inflow runs, in sums too small to show money leaving altcoins for Bitcoin.
Reality
- Evidence72
- Adoption60
- Hype gap+20
- Incentives
- Not scored
- Confidence68
UAE's leveraged retail book is eight times its exchanges, and it trades Trump not the Fed
Capital.com put 57.2% of its $1.13tn Q2 client volume in the Middle East. Against $79.1bn of combined half-year turnover at Dubai and Abu Dhabi, the listed market is the smaller story.
Reality
- Evidence55
- Adoption60
- Hype gap+40
- Incentives70
- Confidence55