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10x Research: Bitcoin ETF Sees Net Inflow of $15 Billion Since Mid-April, Trump's Pressure on Fed Sparks Bullish Sentiment in Market
Summary: According to CoinDesk, 10x Research founder Markus Thielen reported in a client note on Thursday that since late April 2025, there has been a significant increase in funds flowing into Bitcoin ETFs, mainly due to pressure from figures like Trump on the Fed. Trump publicly demanded Fed Chair Powell to cut rates to 1% and ...
According to CoinDesk, 10x Research founder Markus Thielen reported in a client note on Thursday that since late April 2025, there has been a significant increase in funds flowing into Bitcoin ETFs, mainly due to pressure from figures like Trump on the Fed. Trump publicly demanded Fed Chair Powell to cut rates to 1% and resign, while Federal Housing Finance Agency Director Bill Pulte and Senator Cynthia Lummis also called for Powell's resignation. Additionally, minutes from the Fed's July meeting showed officials' policy disagreements deepening. The continuous inflow of ETF funds and increasing rate cut pressure have forced hesitant traders back into the market, driving a resurgence in bullish momentum for cryptocurrencies. Thielen stated that since mid-April, Bitcoin ETFs have bought $15 billion worth of Bitcoin, with buying ongoing uninterrupted, as stable demand is pushing traders back into the market. Combining July's seasonal performance and macro catalysts, the market still supports further upside.
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Link: 10x Research: Bitcoin ETF Sees Net Inflow of $15 Billion Since Mid-April, Trump's Pressure on Fed Sparks Bullish Sentiment in Market [Copy]
