ETF Inflows & Miner Growth Boost Bitcoin Realized Cap
On-chain data shows Bitcoin realized capitalization jumped by $8 billion to over $1.1 trillion, lifting the realized price above $110,000. This surge is driven by continued ETF inflows and corporate holders such as MicroStrategy. Despite a recent $19 billion market dip and a slowdown in some purchases, net accumulation persists across the network.
Miner activity is ramping up: Bitcoin’s hash rate hit new highs as major firms like American Bitcoin bought 17,280 ASIC miners for $314 million in August. Rising hash rates reinforce network security and signal miner confidence amid market uncertainty.
Analysts at Bitfinex forecast Bitcoin could reach $140,000 by November if ETF inflows rebound by $10–15 billion and the U.S. Federal Reserve shifts toward monetary easing. Strong on-chain metrics and miner expansion point to a bullish outlook for traders.
Bullish
The combined surge in ETF inflows and miner expansion drives both bullish short-term momentum and long-term network strength. In the near term, higher realized capitalization and price levels reflect strong accumulation by institutions and ETFs. Miner investments and record hash rates enhance network security, reinforcing confidence. Over the long term, potential additional ETF flows and Fed easing could propel Bitcoin toward $140,000, underscoring a sustained bullish outlook for traders.