Samson Mow, the CEO of JAN3, has identified a series of crucial indicators that could shape Bitcoin’s trajectory in the coming months. Among the many, Mow lists how capital flows to Bitcoin via spot ETF issuers, real inflation, hash rate evolution, and others.
Spot Bitcoin ETF Inflows Is A Metric To Monitor Closely
Taking to X on January 28, Mow believes that the influx of capital into Bitcoin-linked exchange-traded funds (ETFs) could play a pivotal role in driving adoption and price in the coming weeks and months. Specifically, the CEO emphasizes the importance of the spot Bitcoin ETF inflow metric. The United States Securities and Exchange Commission (SEC) recently approved several spot Bitcoin ETFs for the first time in over ten years.
Some of the top Wall Street players, including BlackRock and Fidelity Investments, have been leading the table, buying more coins in the past three weeks. According to Lookonchain data, eight spot Bitcoin ETFs bought 4,160 BTC as of January 26.
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