**[Opinion: Expectations of Another Rate Cut Drive Bitcoin ETF Demand, Q4 ETFs May Purchase Over 100,000 BTC]** BlockBeats reported on October 4 that Iliya Kalchev, an analyst at the digital asset platform Nexo, stated that growing expectations for another rate cut in the U.S. have sparked a "shift in market sentiment," attracting a new wave of investor demand for Bitcoin ETFs. "At the current pace, Q4 inflows could lead to over 100,000 BTC being removed from circulation." However, Bitcoin's momentum will depend on several key events next week, including an upcoming speech by Federal Reserve Chair Jerome Powell and the release of the Federal Open Market Committee (FOMC) meeting minutes. Investors are also anticipating the delayed release of the U.S. employment report, though its publication date depends on the duration of the current U.S. government shutdown, the first such occurrence since 2018.