Every day, people talk about accumulation of funds and influx of funds. They say that BlackRock's spot Bitcoin ETF has attracted more than $1 billion in funds so far this week, but the result is that it has not risen. It's like all the copycats are dead. Oh, the currency market is really difficult now. It's really a difficult bull market.

On October 18, according to The Block, the US spot Bitcoin ETF announced an average daily net inflow of $470.48 million on Thursday, continuing the positive inflow momentum this week. So far this week, 12 funds have accumulated net inflows of more than $1.85 billion. BlackRock's IBIT, the largest spot Bitcoin ETF by net assets, received inflows of $309 million yesterday, and net inflows of more than $1.07 billion this week, which may set the largest single-week inflow since mid-March.

On Wednesday, the cumulative inflows of these funds exceeded the $20 billion mark, which Bloomberg senior ETF analyst Eric Balchunas called the "most difficult indicator to achieve" in the ETF field. Balchunas X wrote: "It took about five years for the gold ETF to reach the same number." $BTC