The continuous inflow of funds and growth in trading volume for US spot #比特币ETF indicates strong interest from institutional and retail investors in Bitcoin. Over the past 50 weeks, net inflows into Bitcoin ETFs have reached $463 million, with trading volume hitting $26 billion, and the inflow for the fourth quarter to date stands at $17.5 billion, making it the best-performing quarter, showcasing Bitcoin's appeal as an investment asset.
Price for #BTC has dropped to $92,000. Despite price fluctuations, the proportion of Bitcoin held by ETFs, government agencies, and MSTR has risen to 31%, up from 14% last year, indicating that large investors have confidence in Bitcoin's long-term value. This increase in ownership concentration may impact market liquidity and price stability, especially in the face of market volatility.
The situation with #以太坊ETF is also noteworthy, as #coinank shows a net inflow of $62.73 million last week, while the Grayscale Ethereum Trust ETF ETHE saw a net outflow of $99.83 million, with historical net outflows reaching $3.62 billion. This comparison of inflows and outflows may reveal market sentiment and expectations regarding different Ethereum-related products.
ETF data reflects the trends in fund flows and investor sentiment within the cryptocurrency market, and with more institutional investors participating and the crypto market maturing, it is expected to continue influencing market dynamics.