As the BTC price rises back above $100,000, Bitcoin and Ethereum ETFs attract over $1 billion in total funds daily.
Click to enter the live room and chat.
Recently, both the US spot Bitcoin ETF and the spot Ethereum ETF have attracted significant capital inflows, especially after Bitcoin broke the historic $100,000 mark, injecting strong institutional confidence into the market and driving further market gains.
Key Point Analysis:
1. Significant capital inflow into Bitcoin (BTC) ETF
Capital Inflow: Since December 19, the price of Bitcoin has first surpassed $100,000, and the spot Bitcoin ETF has attracted over $1.1 billion in capital inflow. Specifically, Fidelity's FBTC fund led with an inflow of $370.2 million, while BlackRock's IBIT and Ark Invest's ARKB saw increases of $209.1 million and $152.9 million, respectively. The remaining inflow came from Grayscale, Bitwise, and other funds.
Signal of Change: After nearly two weeks of net outflows, Bitcoin ETFs welcomed a significant capital inflow, which is a positive signal for the market. Bloomberg analyst Eric Balchunas also noted that this is a "good sign"; the diversity of ETF inflows resembles a "Dream Team," indicating widespread institutional trust.
Price Rebound: Due to the inflow of funds, Bitcoin's price broke $100,000, reaching $102,750, and stabilized around $101,700. This further boosted the market's bullish expectations for Bitcoin.
2. Inflows into Ethereum (ETH) ETF
Capital Inflow: Compared to the Bitcoin ETF, the spot Ethereum ETF also performed well, attracting a net inflow of $128.7 million on Monday. BlackRock's ETHA fund was the largest recipient, receiving the most funds at $4.6 million. However, inflows from other funds were relatively modest, with nearly zero inflow throughout the day.
Ethereum's Growth: Despite the strong capital inflows, the market's bullish momentum for Ethereum has yet to break $4,000, indicating that short-term upward momentum for Ethereum may be lacking, and the market is still waiting for stronger breakout signals.
Click to enter the live room and chat.
