#美联储11月降息预期升温 #贝莱德IBIT比特币持有量反超灰度GBTC #ARKB将是美国sec批准的第一个比特币现货ETF
Will we witness a violent bull market at the end of 2024 and the beginning of 2025? Bitcoin breaks through 8W? Many people are waiting for a callback?
After the Federal Reserve announced an interest rate cut, the U.S. spot Bitcoin ETF market expanded rapidly, institutional investors poured in, and demand for Bitcoin surged. $495 million flowed into the ETF in just one day, bringing total inflows for the week to over $1 billion. BlackRock continues to increase its holdings of its own Bitcoin ETF (IBIT), strengthening its long-term investment in Bitcoin.
On the demand side, demand for spot Bitcoin ETFs continues to surge, with regulated ETF products purchasing more than 17,000 Bitcoins this week. ARK Invest’s ARKB topped the list of inflows, followed by Fidelity (FBTC) and BlackRock (IBIT), which purchased a total of 6,661 Bitcoins.
Although the daily production of Bitcoin is 450, market demand far exceeds supply, and MicroStrategy also purchased 7,000 Bitcoin this week. BlackRock’s Bitcoin holdings have increased significantly, with the Global Allocation Fund’s IBIT holdings increasing from 43,000 in June to 198,874 at the end of July.
Since its launch, BlackRock’s BTC ETF has attracted $21.3 billion in inflows in nine months. As Bitcoin prices rise to $66,071.29, market participants are preparing for a bull run in the fourth quarter of 2024.
