Seasonal Weakness Lingers Over Crypto, Spot Bitcoin ETP Outlook

Charles Schwab's Jim Ferraioli expects September seasonal patterns to affect Bitcoin and other cryptocurrencies as equities recede in focus at the start of the month. He sees potential for a year-end crypto rally, citing spot Bitcoin ETP activity as evidence that bullish momentum may be building. The outlook is constructive but remains conditional on seasonal trading dynamics and sustained fund flows.