📈 Latest news on Bitcoin spot ETFs! 🚀
According to the latest data, the net inflow of Bitcoin spot ETFs reached an astonishing $1.11 billion from September 23 to September 27! 💵 Among them, BlackRock's IBIT ETF performed outstandingly, with a net inflow of $499 million in a single week, and the total historical net inflow has reached $21.42 billion, becoming the star of this week! ✨
However, Grayscale's GBTC ETF suffered a net outflow of $21.91 million, and the cumulative historical net outflow has reached $20.09 billion, which is obviously facing considerable pressure. 📉
Currently, the total net asset value of Bitcoin spot ETFs is $61.21 billion, accounting for 4.71% of the total market value of Bitcoin. The historical cumulative net inflow has reached $18.8 billion, which shows the market's strong interest and confidence in Bitcoin.
🔍 Market Observation
The inflow of funds into ETFs not only reflects the confidence of institutional investors, but may also have a driving effect on Bitcoin prices in the short term. 💡 In this volatile market, investors should always pay attention to these developments and seize possible opportunities! 💪
