Glassnode and Fasanara Digital’s Q4 2024 Digital Asset Report highlights the growing institutional demand for Bitcoin as it nears $90,000. The report focuses on spot market dynamics, ETF inflows, and capital rotation. Record-breaking volumes in the crypto futures market and open interest of $37.1 billion indicate increased market depth and stability.
US Bitcoin ETFs have seen record inflows, surpassing gold ETFs, showing mainstream confidence in Bitcoin. The report suggests continued growth, with potential entry points for institutions to capitalize on the bullish momentum. On-chain data reveals signs of capital rotation from Bitcoin to altcoins like Ethereum, offering diversification opportunities.
The full report can be downloaded on the Glassnode website.
