#BinanceAlpha2.0 Former Binance CEO, Changpeng Zhao (CZ), has created a buzz in the crypto community by mentioning a possible 'altcoin season' following the announcement of a record 2 billion dollar investment in the platform. This statement comes in a context of crypto market recovery and generates excitement among investors
despite a 25% drop in the price of Bitcoin and a decrease in inflows, Bitcoin ETFs retain
#95% of their assets under management, which is around 115 billion dollars. This behavior, similar to that of traditional ETFs, shows a shift in investor perception adopting a more long-term approach. However, warning signs are emerging with these capital outflows reaching 1.6 billion dollars in the last month and a decrease in BTC demand, which could indicate upcoming turbulence in the market.
