Bitcoin ETF Fund Flow Analysis: Spot ETF Net Inflow of 494 Million in a Single Day, BlackRock Leads

On December 18, the inflow of funds into Bitcoin spot ETFs was strong, with total assets under management at 121.683 billion, accounting for 5.76% of the total market capitalization, and a historical cumulative total exceeding 36.7 billion.

Fund Flow: Grayscale ETF (GBTC) had a net outflow of 84.71 million in a single day, with a historical cumulative total of 21.112 billion; Grayscale Bitcoin Mini Trust ETF (BTC) had a net inflow of 3.7846 million in a single day, with a historical cumulative total of 1.042 billion; BlackRock ETF (IBIT) had a net inflow of 741 million in a single day, with a historical cumulative total of 37.043 billion leading the way.

Behind the Scenes: BlackRock is favored, indicating institutional confidence, enhancing Bitcoin's status; the outflow from Grayscale is due to concerns over product management, with funds possibly flowing to better ETFs.

Outlook: The Bitcoin market is maturing with institutional participation, and the inflow of funds into spot ETFs may continue to increase, drawing attention to their market impact and potential.

Daily market analysis releases, recommendations for quality potential coins. Long-term intermittent recommendations for quality individual coins and market analysis, follow the homepage to avoid getting lost.