{"id":561247,"date":"2023-11-17T22:00:21","date_gmt":"2023-11-17T22:00:21","guid":{"rendered":"https:\/\/wncen.com\/?p=561247"},"modified":"2024-06-11T07:01:31","modified_gmt":"2024-06-11T07:01:31","slug":"coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/","title":{"rendered":"CoinShares Predicts $141,000 Bitcoin Price, Forecasts $14.4 Billion Inflows From ETFs"},"content":{"rendered":"

In a recently published <\/span>report <\/span><\/a>by CoinShares, analyst James Butterfill delves into the relationship between inflows into Bitcoin exchange-traded funds (ETFs) and changes in the Bitcoin price.\u00a0<\/span><\/p>\n

The report addresses the critical question of how much inflow into ETFs could be anticipated upon launching a<\/span> Bitcoin spot ETF<\/span><\/a> in the US and the potential impact of these flows on the Bitcoin Price.<\/span><\/p>\n

Bitcoin ETFs Could Attract $14.4 Billion Inflows<\/span><\/h2>\n

Butterfill highlights Galaxy’s analysis, which estimates that the United States has approximately $14.4 trillion in addressable assets. Assuming a conservative scenario where 10% of these assets invest in a spot Bitcoin ETF with an average allocation of 1%, it could result in approximately $14.4 billion of inflows within the first year.\u00a0<\/span><\/p>\n

Per the report, this would mark the largest<\/span> inflows on record<\/span><\/a>, surpassing 2021’s inflows of $7.24 billion, which accounted for 11.5% of assets under management (AuM).\u00a0<\/span><\/p>\n

However, it is worth noting that in 2020, inflows reached $5.5 billion, representing a higher 21.6% of AuM, while Bitcoin’s price surged by 303% compared to 60% in 2021.<\/span><\/p>\n

Related Reading: Dogecoin Jumps 10%, But This Signal Could Bring Rally To A Stop<\/a><\/div>\n

The report suggests a correlation between inflows as a percentage of AuM and price changes. Inflows coincide with<\/span> rising prices<\/span><\/a>, indicating that many ETF investors engage in momentum trading. Conversely, during periods of price stagnation, inflows have tended to moderate.\u00a0<\/span><\/p>\n

However, it is important to note that exchange-traded product (ETP) investors do not necessarily lead price action, as evidenced by volume data indicating that ETP volumes represent an average of 3.5% of daily Bitcoin trading turnover on trusted exchanges since 2018.<\/span><\/p>\n

Bitcoin Price Surge Predicted<\/span><\/h2>\n

By analyzing weekly ETP flows and their percentage of AuM, the report identifies a trend with a coefficient of determination (R2 ) value of 0.31, suggesting a discernible relationship between<\/span> flows and price changes<\/span><\/a>.\u00a0<\/span><\/p>\n

Utilizing this trendline, the report estimates that the aforementioned $14.4 billion of inflows could potentially drive the price of Bitcoin up to $141,000 per coin.<\/span><\/p>\n

Nevertheless, accurately predicting the<\/span> precise level of inflows<\/span><\/a> upon the launch of spot ETFs remains challenging. The report acknowledges the difficulty in determining the exact magnitude of inflows.\u00a0<\/span><\/p>\n

It emphasizes that regulatory approval and corporate acceptance are gradual processes due to Bitcoin’s perceived complexity, which may require corporations and funds to build knowledge and confidence before committing to investment.<\/span><\/p>\n

Related Reading: Cardano Breakout Of Epic Proportions: Analyst Predicts 1600% Rally To $6.5<\/a><\/div>\n

The potential wall of demand that could materialize following the introduction of a spot-based ETF is uncertain. While such ETFs offer portfolio diversification and enhanced Sharpe ratios, regulatory approval and corporate adoption may take time due to perceived complexities associated with Bitcoin.\u00a0<\/span><\/p>\n

Ultimately, CoinShares believes that Corporations and funds may require an extended period to familiarize themselves with the asset class and gain confidence before entering the market.<\/span><\/p>\n

All in all, the CoinShares report sheds light on the potential impact of Bitcoin ETFs on the price of BTC. While it is challenging to precisely determine the level of inflows and their subsequent effect on the market, the report suggests that launching a Bitcoin spot ETF in the US could potentially drive the price of Bitcoin to US$141,000 per coin.\u00a0<\/span><\/p>\n

\"Bitcoin
BTC’s sideways price action on the daily chart. Source: BTCUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Currently, Bitcoin (BTC) is consolidating above the significant psychological level of $36,000. Over the past 24 hours, it has experienced a minimal decrease of 0.2%, while showing a 1.3% increase within the 1-hour time frame.<\/span><\/p>\n

Featured image from Shutterstock, chart from TradingView.com\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

In a recently published report by CoinShares, analyst James Butterfill delves into the relationship between inflows into Bitcoin exchange-traded funds (ETFs) and changes in the Bitcoin price.\u00a0 The report addresses the critical question of how much inflow into ETFs could be anticipated upon launching a Bitcoin spot ETF in the US and the potential impact of these flows on the Bitcoin Price. Bitcoin ETFs Could Attract $14.4 Billion Inflows Butterfill highlights Galaxy’s analysis, which estimates that the United States has approximately $14.4 trillion in addressable assets. Assuming a conservative scenario where 10% of these assets invest in a spot Bitcoin ETF with an average allocation of 1%, it could result in approximately $14.4 billion of inflows within the first year.\u00a0 Per the report, this would mark the largest inflows on record, surpassing 2021’s inflows of $7.24 billion, which accounted for 11.5% of assets under management (AuM).\u00a0 However, it is worth noting that in 2020, inflows reached $5.5 billion, representing a higher 21.6% of AuM, while Bitcoin’s price surged by 303% compared to 60% in 2021. Related Reading: Dogecoin Jumps 10%, But This Signal Could Bring Rally To A Stop The report suggests a correlation between inflows as a percentage of AuM and price changes. Inflows coincide with rising prices, indicating that many ETF investors engage in momentum trading. Conversely, during periods of price stagnation, inflows have tended to moderate.\u00a0 However, it is important to note that exchange-traded product (ETP) investors do not necessarily lead price action, as evidenced by volume data indicating that ETP volumes represent an average of 3.5% of daily Bitcoin trading turnover on trusted exchanges since 2018. Bitcoin Price Surge Predicted By analyzing weekly ETP flows and their percentage of AuM, the report identifies a trend with a coefficient of determination (R2 ) value of 0.31, suggesting a discernible relationship between flows and price changes.\u00a0 Utilizing this trendline, the report estimates that the aforementioned $14.4 billion of inflows could potentially drive the price of Bitcoin up to $141,000 per coin. Nevertheless, accurately predicting the precise level of inflows upon the launch of spot ETFs remains challenging. The report acknowledges the difficulty in determining the exact magnitude of inflows.\u00a0 It emphasizes that regulatory approval and corporate acceptance are gradual processes due to Bitcoin’s perceived complexity, which may require corporations and funds to build knowledge and confidence before committing to investment. Related Reading: Cardano Breakout Of Epic Proportions: Analyst Predicts 1600% Rally To $6.5 The potential wall of demand that could materialize following the introduction of a spot-based ETF is uncertain. While such ETFs offer portfolio diversification and enhanced Sharpe ratios, regulatory approval and corporate adoption may take time due to perceived complexities associated with Bitcoin.\u00a0 Ultimately, CoinShares believes that Corporations and funds may require an extended period to familiarize themselves with the asset class and gain confidence before entering the market. All in all, the CoinShares report sheds light on the potential impact of Bitcoin ETFs on the price of BTC. While it is challenging to precisely determine the level of inflows and their subsequent effect on the market, the report suggests that launching a Bitcoin spot ETF in the US could potentially drive the price of Bitcoin to US$141,000 per coin.\u00a0 Currently, Bitcoin (BTC) is consolidating above the significant psychological level of $36,000. Over the past 24 hours, it has experienced a minimal decrease of 0.2%, while showing a 1.3% increase within the 1-hour time frame. Featured image from Shutterstock, chart from TradingView.com\u00a0<\/p>\n","protected":false},"author":589,"featured_media":561252,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,485,532,9960,656,679,6047,680,681,6596,682,7434,685,7756,755,768,89704,1119,1144,8390,78790,6664,1558,6217,15857,84647,5332],"class_list":["post-561247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-chart","tag-bitcoin-etf","tag-bitcoin-etfs","tag-bitcoin-news","tag-bitcoin-price","tag-bitcoin-price-action","tag-bitcoin-price-analysis","tag-bitcoin-price-bias","tag-bitcoin-price-break","tag-bitcoin-price-chart","tag-bitcoin-price-daily-chart","tag-bitcoin-price-fluctuations","tag-bitcoin-signals","tag-bitcoin-technical-analysis","tag-bitcoin-trading","tag-blackrock-spot-bitcoin-etf","tag-btc","tag-btcusd","tag-btcusd-price","tag-btcusdt","tag-crypto","tag-cryptocurrency","tag-latest-bitcoin-news","tag-sec-bitcoin-etf","tag-spot-bitcoin-etf","tag-united-states-bitcoin-news"],"acf":[],"yoast_head":"\nCoinShares Predicts $141,000 Bitcoin Price, Forecasts $14.4 Billion Inflows From ETFs<\/title>\n<meta name=\"description\" content=\"In a recently published report, analyst James Butterfill delves into the relationship between inflows and changes in the Bitcoin price.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CoinShares Predicts $141,000 Bitcoin Price, Forecasts $14.4 Billion Inflows From ETFs\" \/>\n<meta property=\"og:description\" content=\"In a recently published report, analyst James Butterfill delves into the relationship between inflows and changes in the Bitcoin price.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-17T22:00:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:01:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-14.jpg?fit=462%2C260\" \/>\n\t<meta property=\"og:image:width\" content=\"462\" \/>\n\t<meta property=\"og:image:height\" content=\"260\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ronaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Rmmcapital\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ronaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"CoinShares Predicts $141,000 Bitcoin Price, Forecasts $14.4 Billion Inflows From ETFs\",\"datePublished\":\"2023-11-17T22:00:21+00:00\",\"dateModified\":\"2024-06-11T07:01:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/\"},\"wordCount\":583,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-14.jpg?fit=462%2C260\",\"keywords\":[\"bitcoin\",\"Bitcoin chart\",\"Bitcoin ETF\",\"Bitcoin ETFs\",\"Bitcoin news\",\"bitcoin price\",\"Bitcoin Price action\",\"Bitcoin price analysis\",\"bitcoin price bias\",\"Bitcoin Price break\",\"Bitcoin price chart\",\"Bitcoin Price daily chart\",\"Bitcoin price fluctuations\",\"bitcoin signals\",\"bitcoin technical analysis\",\"bitcoin trading\",\"BlackRock Spot Bitcoin ETF\",\"btc\",\"btcusd\",\"btcusd price\",\"BTCUSDT\",\"crypto\",\"cryptocurrency\",\"latest bitcoin news\",\"SEC Bitcoin ETF\",\"Spot Bitcoin ETF\",\"United States Bitcoin news\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/\",\"url\":\"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/\",\"name\":\"CoinShares Predicts $141,000 Bitcoin Price, Forecasts $14.4 Billion Inflows From ETFs\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-14.jpg?fit=462%2C260\",\"datePublished\":\"2023-11-17T22:00:21+00:00\",\"dateModified\":\"2024-06-11T07:01:31+00:00\",\"description\":\"In a recently published report, analyst James Butterfill delves into the relationship between inflows and changes in the Bitcoin price.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-14.jpg?fit=462%2C260\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-14.jpg?fit=462%2C260\",\"width\":462,\"height\":260,\"caption\":\"Bitcoin price\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CoinShares Predicts $141,000 Bitcoin Price, Forecasts $14.4 Billion Inflows From ETFs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\",\"name\":\"Ronaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"caption\":\"Ronaldo Marquez\"},\"description\":\"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.\",\"sameAs\":[\"https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=\",\"https:\/\/x.com\/Rmmcapital\"],\"url\":\"https:\/\/wncen.com\/author\/ronaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"CoinShares Predicts $141,000 Bitcoin Price, Forecasts $14.4 Billion Inflows From ETFs","description":"In a recently published report, analyst James Butterfill delves into the relationship between inflows and changes in the Bitcoin price.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/","og_locale":"en_US","og_type":"article","og_title":"CoinShares Predicts $141,000 Bitcoin Price, Forecasts $14.4 Billion Inflows From ETFs","og_description":"In a recently published report, analyst James Butterfill delves into the relationship between inflows and changes in the Bitcoin price.\u00a0","og_url":"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-11-17T22:00:21+00:00","article_modified_time":"2024-06-11T07:01:31+00:00","og_image":[{"width":462,"height":260,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-14.jpg?fit=462%2C260","type":"image\/jpeg"}],"author":"Ronaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@Rmmcapital","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ronaldo Marquez","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/"},"author":{"name":"Ronaldo Marquez","@id":"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c"},"headline":"CoinShares Predicts $141,000 Bitcoin Price, Forecasts $14.4 Billion Inflows From ETFs","datePublished":"2023-11-17T22:00:21+00:00","dateModified":"2024-06-11T07:01:31+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/"},"wordCount":583,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-14.jpg?fit=462%2C260","keywords":["bitcoin","Bitcoin chart","Bitcoin ETF","Bitcoin ETFs","Bitcoin news","bitcoin price","Bitcoin Price action","Bitcoin price analysis","bitcoin price bias","Bitcoin Price break","Bitcoin price chart","Bitcoin Price daily chart","Bitcoin price fluctuations","bitcoin signals","bitcoin technical analysis","bitcoin trading","BlackRock Spot Bitcoin ETF","btc","btcusd","btcusd price","BTCUSDT","crypto","cryptocurrency","latest bitcoin news","SEC Bitcoin ETF","Spot Bitcoin ETF","United States Bitcoin news"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/","url":"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/","name":"CoinShares Predicts $141,000 Bitcoin Price, Forecasts $14.4 Billion Inflows From ETFs","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-14.jpg?fit=462%2C260","datePublished":"2023-11-17T22:00:21+00:00","dateModified":"2024-06-11T07:01:31+00:00","description":"In a recently published report, analyst James Butterfill delves into the relationship between inflows and changes in the Bitcoin price.\u00a0","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-14.jpg?fit=462%2C260","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-14.jpg?fit=462%2C260","width":462,"height":260,"caption":"Bitcoin price"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"CoinShares Predicts $141,000 Bitcoin Price, Forecasts $14.4 Billion Inflows From ETFs"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c","name":"Ronaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","caption":"Ronaldo Marquez"},"description":"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/wncen.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"CoinShares Predicts $141,000 Bitcoin Price, Forecasts $14.4 Billion Inflows From ETFs","url":"http:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-14.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-14.jpg?fit=462%2C260"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin chart","bitcoin etf","bitcoin etfs","bitcoin news","bitcoin price","bitcoin price action","bitcoin price analysis","bitcoin price bias","bitcoin price break","bitcoin price chart","bitcoin price daily chart","bitcoin price fluctuations","bitcoin signals","bitcoin technical analysis","bitcoin trading","blackrock spot bitcoin etf","btc","btcusd","btcusd price","btcusdt","crypto","cryptocurrency","latest bitcoin news","sec bitcoin etf","spot bitcoin etf","united states bitcoin news"],"dateCreated":"2023-11-17T22:00:21Z","datePublished":"2023-11-17T22:00:21Z","dateModified":"2024-06-11T07:01:31Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"CoinShares Predicts $141,000 Bitcoin Price, Forecasts $14.4 Billion Inflows From ETFs\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/coinshares-predicts-141000-bitcoin-price-forecasts-14-4-billion-inflows-from-etfs\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/shutterstock_download-14.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/shutterstock_download-14.jpg?fit=462%2C260\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin chart\",\"bitcoin etf\",\"bitcoin etfs\",\"bitcoin news\",\"bitcoin price\",\"bitcoin price action\",\"bitcoin price analysis\",\"bitcoin price bias\",\"bitcoin price break\",\"bitcoin price chart\",\"bitcoin price daily chart\",\"bitcoin price fluctuations\",\"bitcoin signals\",\"bitcoin technical analysis\",\"bitcoin trading\",\"blackrock spot bitcoin etf\",\"btc\",\"btcusd\",\"btcusd price\",\"btcusdt\",\"crypto\",\"cryptocurrency\",\"latest bitcoin news\",\"sec bitcoin etf\",\"spot bitcoin etf\",\"united states bitcoin news\"],\"dateCreated\":\"2023-11-17T22:00:21Z\",\"datePublished\":\"2023-11-17T22:00:21Z\",\"dateModified\":\"2024-06-11T07:01:31Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/11\/shutterstock_download-14.jpg?fit=462%2C260","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/561247"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=561247"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/561247\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/561252"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=561247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=561247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=561247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}