Fearless of market crashes, funds are pouring into the crypto market! The cumulative net inflow of US Bitcoin spot ETFs reached 15.274 billion US dollars
Although the wallets marked as the German government have been recharging a large amount of funds to the exchange to crash the market these days, the impact on the market is obviously getting weaker and weaker. Everyone has reacted. Compared with the huge amount of funds in the crypto market, there is no need to worry about Bitcoin at all. It will not cause substantial damage, but it will only give big investors the opportunity to further buy the bottom. Sure enough, starting from yesterday, huge amounts of funds began to pour into the market to buy the bottom!
The cumulative net inflow of US Bitcoin spot ETFs reached 15.274 billion US dollars
On July 10, according to Farside Investors, the US Bitcoin spot ETF has accumulated a net inflow of 15.274 billion US dollars since its launch. Among them:
BlackRock IBIT has a cumulative net inflow of 18.047 billion US dollars;
Fidelity FBTC has a cumulative net inflow of 9.513 billion US dollars;
Grayscale GBTC has a cumulative net outflow of 18.615 billion US dollars.
$BTC