🌟 Bitcoin spot ETF data review: interpretation of capital flow and market structure! 🚀
Yesterday (December 13, Eastern Time), the Bitcoin spot ETF market ushered in strong capital inflows, and the data highlights are as follows👇:
1️⃣ Total net inflow increased significantly
💰 Bitcoin spot ETF single-day net inflow: US$429 million!
📈 Total net asset value: US$114.969 billion, accounting for 5.71% of the total market value of Bitcoin. The ETF market is becoming a new hub for BTC funds!
2️⃣ List of "winners" of capital inflows
🏆 BlackRock ETF IBIT:
Single-day net inflow: US$393 million Historical cumulative net inflow: US$35.883 billion
🥈 Fidelity ETF FBTC:
Single-day net inflow: US$59.9571 million Historical cumulative net inflow: US$12.315 billion
The continued capital absorption of these two giants shows the deep penetration of traditional financial giants into the Bitcoin market, and ETF products are attracting more institutional investors to enter.
3️⃣ Grayscale ETF performance is polarized
📉 GBTC (Grayscale Trust) single-day net outflow: US$106 million, and the cumulative net outflow has reached US$21.045 billion.
📈 Grayscale Bitcoin Mini Trust BTC:
Single-day net inflow: US$4.508 million Historical cumulative net inflow: US$1.032 billion
Grayscale trust products are experiencing the pain of transformation, and the performance of mini trusts is relatively stable, but the traditional trust form may be gradually replaced by spot ETFs.
👉 What do you think about the future of the Bitcoin ETF market? Welcome to comment and discuss! 😎
