#Bitcoin ETF inflows into US equities were 7,222 coins.#
Hot Topic Overview
Overview
On January 17, US Bitcoin ETFs saw net inflows of 7,222 BTC, while Ethereum ETFs saw net inflows of 56,608 ETH. BlackRock led the way with inflows of 5,253 BTC and 33,314 ETH. Over the past two days, Bitcoin ETF inflows totaled $1.38 billion, completely erasing the outflows from the previous four days. Ethereum ETFs have seen inflows for three consecutive days, indicating investor enthusiasm for cryptocurrencies, especially in anticipation of the upcoming "power shift."
Ace Hot Topic Analysis
Analysis
On January 17, US Bitcoin ETFs saw a net inflow of 7,222 BTC, while Ethereum ETFs saw a net inflow of 56,608 ETH. Among them, BlackRock led the way, with an inflow of 5,253 BTC, bringing its current holdings to 559,564 BTC. BlackRock also saw an inflow of 33,314 ETH, bringing its current holdings to 1,157,611 ETH. This indicates that investor enthusiasm for cryptocurrencies is high, particularly for Bitcoin and Ethereum. Recently, the influx of funds into US spot Bitcoin ETFs has continued to increase, which is related to investor optimism about the US power transition. In addition, heavy buying by institutional investors such as BlackRock has also driven the market up. Although the inflow of Ethereum ETFs is also relatively large, its price performance has lagged behind Bitcoin, which may be due to the larger supply of Ethereum and its greater price volatility. Overall, the continued influx of funds into US spot Bitcoin ETFs suggests that investor confidence in cryptocurrencies is strengthening.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
US Bitcoin ETF inflows hit a new high, showing investors' confidence in BTC is increasing
Institutional investors such as BlackRock continue to buy BTC and ETH, driving a significant increase in ETF inflows
BTC price gains fueled bullish sentiment, further driving ETF buying power
Market expects the new US president to be bullish on the cryptocurrency market, driving funds into ETFs