#U.S. Bitcoin ETFs attract over $800 million in assets#
Hot Topic Overview
Overview
Recently, the U.S. spot Bitcoin and Ethereum ETF markets have seen strong capital inflows, with a net inflow of over $877 million in a single day. Of this, Bitcoin spot ETFs saw a net inflow of $802.6 million, while Ethereum spot ETFs saw a net inflow of $74.4 million. This marks the fourth consecutive day of net inflows for Bitcoin spot ETFs. BlackRock's ETF IBIT saw a net inflow of $662 million yesterday, making it the ETF with the largest inflow yesterday. Its total net inflow to date has reached $39.074 billion. Grayscale's Bitcoin Mini Trust BTC saw a net inflow of $136 million yesterday, bringing its total net inflow to $1.096 billion.Currently, the total net asset value of Bitcoin spot ETFs is $123.59 billion, accounting for 5.88% of Bitcoin's total market capitalization. The total cumulative net inflow to date is $38.982 billion.
Ace Hot Topic Analysis
Analysis
The US spot Bitcoin ETF market has recently witnessed a surge in capital inflows, with a record high daily net inflow of $802.6 million. Among them, BlackRock's ETF IBIT saw a net inflow of $662 million, making it the largest spot ETF inflow yesterday, bringing its total net inflow to $39.074 billion. Grayscale Bitcoin Micro Trust BTC saw a daily net inflow of $136 million, with a total net inflow of $1.096 billion. Currently, the total net asset value of spot Bitcoin ETFs stands at $123.59 billion, accounting for 5.88% of the total Bitcoin market capitalization, with a cumulative net inflow of $38.982 billion. This indicates that investors' confidence in Bitcoin is continuously growing, and they are optimistic about its future prospects. Moreover, spot Ethereum ETFs have also performed well, with a daily net inflow of $74.4 million, demonstrating the increasing attention investors are paying to Ethereum.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
US stock Bitcoin ETF attracted more than $800 million, indicating continued investor interest in cryptocurrencies
BlackRock's ETF IBIT was the most liquid spot ETF yesterday, with a net inflow of $662 million on the day
ETF fund inflows have a significant positive correlation with BTC prices
The total net asset value of Bitcoin spot ETFs is $123.59 billion, accounting for 5.88% of Bitcoin's total market capitalization