$BTC $ETH
ETF purchasing power remains strong
This week, BTC ETFs performed strongly, with net inflows of $3.335 billion and a net increase of 26,861.87 BTC.
Among them, BlackRock IBIT continued to lead the increase, absorbing 19,972.17 BTC in a single week, accounting for 72.3% of the total increase. Except for Grayscale's small outflows on Thursday and Friday, the rest of the institutions maintained net inflows.
This week, market sentiment basically revolved around the narrative of MSTR. The current greed index is 80, and purchasing power is still strong.