📈 BTC ETF inflows have picked up sharply: Institutional confidence has returned! 🚀
Lin Chen, head of Asia-Pacific commerce at Deribit, posted on the platform that the performance of Bitcoin ETFs improved significantly this week, with a total net inflow of US$1.1085 billion in five days, equivalent to an increase in holdings of 17,265.54 BTC. Among them, BlackRock's performance is particularly eye-catching. From the previous zero inflow to five consecutive days of net inflow, it increased its holdings of 7808.46 BTC, accounting for 45% of the total net inflow! 🔍
This change reflects that institutional investors have gradually regained their buying confidence and market sentiment has begun to pick up. 💪While market volatility remains to be watched, this trend provides a positive sign for future gains. 💚
Can we expect more funds to flow in, pushing BTC higher? Let’s wait and see! ✨
