Recovery trend: Bitcoin rallied from a low near $107k early in the week to briefly surpass $112k on September 2–3.
Current momentum: Despite a slight pullback below $110k today, analysts remain optimistic about underlying liquidity and investor interest.
ETF dynamics: Bitcoin exchange-traded funds (ETFs) continue gaining traction. With about $160 billion in AUM, these ETFs are closing in on gold ETFs (~$180B), highlighting growing institutional appetite.
