BLOCK SCHOLES BTC RISK APPETITE INDEX: Risk-Appetite in BTC continued to move higher during the week after the FOMC committee opted to leave interest rates unchanged. Additionally, after four days of spot ETF outflows, yesterday, the exchange-traded funds purchased a modest $32.1M worth of Bitcoin.
BTC SPOT RETURNS AFTER RISK APPETITE INDEX CROSSES FROM BELOW -0.8 THRESHOLD:

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