Bitcoin’s recovery may prove more durable if institutional allocations continue through regulated investment products, Devere Group CEO Nigel Green said in comments issued Sept. 21. U.S. spot bitcoin ETFs attracted $433 million in net inflows on Sept. 18, after $159.5 million in the previous session, but those gains and $159.9 million on Sept. 14 only narrowly offset $746.3 million withdrawn on Sept. 15 and 16. Farside’s rounded figures show approximately $6.1 million in net inflows across the five trading days. Blackrock’s IBIT led the return to positive flows on Thursday, while ether and XRP funds continued to lose money. Green also pointed to Bitcoin’s 21 million maximum supply and concerns over currency purchasing power, while higher Federal Reserve rates increase the opportunity cost of holding a non-yielding asset. Grayscale described the latest rate increase as a limited adjustment within the current cycle. Green said clearer U.S. crypto rules could bring pension funds and wealth managers into the market, although the CLARITY Act recently failed to advance toward floor debate and volatility is expected to persist.