#Bitcoin ETF Inflows Hit Record High#

Recently, Bitcoin spot ETF inflows hit a new high, reflecting continued institutional interest in cryptocurrencies. Data shows that on January 21, US Eastern Time, Bitcoin spot ETFs saw net inflows of $802 million in a single day, marking the fourth consecutive day of net inflows. Among them, BlackRock ETF IBIT saw net inflows of $662 million, while Grayscale Bitcoin Micro Trust BTC saw net inflows of $136 million. To date, the total net asset value of Bitcoin spot ETFs is $123.59 billion, accounting for 5.88% of Bitcoin's total market capitalization, with a total of $38.98 billion in net inflows since inception. This shows that Bitcoin ETFs are becoming an important tool for institutional investors to allocate crypto assets, and their inflows have a strong positive correlation with Bitcoin prices. Although Bitcoin ETFs have only been available for a short time, their holdings have exceeded 1.1 million BTC, representing about 5.7% of the current supply, indicating that institutional investor confidence in cryptocurrencies is steadily growing.