#Bitcoin ETF Inflows Hit Record High#

Recently, Bitcoin spot ETF inflows have reached a new high. 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, making it the ETF with the most inflows yesterday, with a total net inflow of $39.074 billion to date. Grayscale Bitcoin Mini Trust BTC saw net inflows of $136 million on the day, with a total net inflow of $1.096 billion. To date, Bitcoin spot ETFs have total net assets of $123.59 billion, accounting for 5.88% of Bitcoin’s total market capitalization, with a total cumulative net inflow of $38.982 billion. This indicates that institutional investors’ interest in Bitcoin continues to grow, and they see it as an investable asset. In addition, there is a significant positive correlation between Bitcoin ETF inflows and the price of BTC, providing investors with a reference indicator for automatic order placement based on capital flows. It is worth noting that Bitcoin ETFs have held over 1.1 million BTC after one year of launch, accounting for about 5.7% of the current supply, further demonstrating institutional investors’ confidence in Bitcoin.