US spot Bitcoin ETFs surge in inflows! BTC recovery sign, Fidelity leads the market!
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On December 26, US spot Bitcoin ETFs ushered in strong inflows, indicating that Bitcoin may be about to recover. Fidelity's FBTC led the gains, with a single-day inflow of $254.4 million, driving market sentiment to pick up. ARK and BlackRock's ETFs also recorded inflows, with a total inflow of $475.2 million.
ETF inflows resumed, market confidence rebounded
Although the Bitcoin ETF experienced an outflow of $1.51 billion from December 19 to 24, resulting in low market sentiment, recent inflows indicate that investor confidence is recovering. US spot Ethereum ETFs also saw positive inflows, with Fidelity's FETH inflow reaching $83 million, further supporting the market's interest in digital assets.
Bitcoin price falls, but market optimism remains
Although Bitcoin price fell by about 3% on the 26th and hit $94,975, analysts are still optimistic about the future rebound. Although some experts recently predicted that Bitcoin may fall to $60,000, institutions are still optimistic about the long-term prospects of Bitcoin. Bitwise's recent BTC ETF application also shows the confidence of institutions in Bitcoin.
The short-term correction has not changed the long-term optimistic trend of the market. Bitcoin is expected to rebound strongly in the next few days and break new highs!
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