2024.3.27 Bitcoin ETF data

The purchasing power of Fidelity’s Bitcoin ETF in the past two days has been amazing, with US$200 million+ flowing in for two consecutive days, while BlackRock’s inflow on that day was US$162 million.

This also completely consumed Grayscale’s short positions, and some of Grayscale’s positions were transferred to the exchange for sale.

But some are not necessarily selling, but changing funds due to management fees and other reasons or keeping them in your wallet.

Taken together, the buying power in the past two days has recovered again, which has also stabilized the market at a higher price.

If external incremental funds can continue to maintain this pace and this amount,

#ETH #BOME #BTC #xrp #ETF