#US ETFs bought 7,222 BTC.#
Hot Topic Overview
Overview
U.S. Bitcoin ETFs saw a net inflow of 7,222 BTC on January 17, while Ethereum ETFs saw a net inflow of 56,608 ETH. This represents the strongest single-day buying power since December 12, 2024, reflecting a return of user sentiment and a surge in purchasing power. Among them, BlackRock bought 5,253 BTC in the past 24 hours, almost recouping all the selling from the previous three days, demonstrating its strong confidence in BTC. Other institutions like Fidelity, ARK, and Grayscale also made purchases to varying degrees. U.S. spot ETFs did not see any net outflows in the past 24 hours. Investor enthusiasm for BTC is high, especially as the U.S. transitions to a new administration, with the market brimming with anticipation for BTC's future. It is expected that BTC prices will continue to rise in the coming period.
Ace Hot Topic Analysis
Analysis
In recent days, inflows into US spot Bitcoin ETFs have continued to surge, reaching a new high on January 17 with a net inflow of 7,222 BTC. This surge is primarily attributed to investors' anticipation of the new US administration's policies and their optimistic outlook on the cryptocurrency market. Institutional investors like BlackRock have been particularly active, exhibiting significant single-day purchases. Meanwhile, Ethereum ETFs have also shown solid performance, with a net inflow of 56,608 ETH on January 17. Analysts believe that with the new US administration taking office, the cryptocurrency market will see new growth opportunities, and inflows into spot Bitcoin ETFs are expected to continue growing.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
US spot Bitcoin ETF fund inflows continue to increase, especially investors in BlackRock, whose buying volume is very strong.
Ethereum ETF fund inflows have also increased significantly, with institutional investors such as BlackRock, Fidelity, and Grayscale participating in the purchase.
Investors are optimistic about the policy expectations of the new US government, believing that the cryptocurrency market will usher in new development opportunities, driving price increases.
Market sentiment is high, driving increased purchasing power, short-term investors are active, but long-term investors remain optimistic about BTC's prospects.