📈 BTC ETF inflows have picked up significantly: Institutional confidence has returned! 🚀
Lin Chen, head of Asia-Pacific commerce at Deribit, said on the platform that the performance of Bitcoin ETFs improved significantly this week, with total net inflows reaching US$1.1085 billion within five days, equivalent to an increase in holdings of 17,265.54 BTC. Among them, BlackRock’s performance was particularly outstanding, with a net inflow of 7808.46 BTC for five consecutive days, accounting for 45% of the total net inflow! 🔍
This change shows 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 brings positive signals for future gains. 💚
Can we expect more inflows to push BTC higher? Let’s wait and see! ✨