Bitcoin ETF funds continue to pour in, and market bullish sentiment is high

Recently, the U.S. spot Bitcoin ETF market has continued to attract capital inflows, demonstrating investors' strong confidence in the cryptocurrency market. Yesterday, the market once again saw large-scale net capital inflows, totaling up to US$187 million, continuing the recent strong gold-absorbing momentum.

Specifically, Fidelity's FBTC ETF became the main force in capital inflows, with a single-day net inflow of US$56.6 million, followed by BlackRock's BITB ETF, which also received a net inflow of US$45.4 million. The strong performance of these two ETFs has undoubtedly injected new vitality into the Bitcoin market.

It is worth noting that the flow of U.S. ETF funds shows a significant positive correlation with the price trend of Bitcoin. The continued net inflow of funds often heralds an increase in bullish sentiment in the market, providing strong support for the rise in Bitcoin prices. On the contrary, net capital outflows may trigger bearish expectations in the market.

According to relevant data, the backtest winning rate of this indicator in the 15-minute cycle has exceeded 76%, and the excess rate of return is as high as 407%, further verifying the close connection between capital flow and Bitcoin price trends. Against this background, investors may be able to pay close attention to changes in the flow of ETF funds to seize market opportunities.