The wave has arrived | The daily trading volume of Bitcoin spot ETFs reached $6.07 billion,
Among them, BlackRock's IBIT had a daily trading volume of $4.14 billion, and the assets under management have reached $26 billion, which is already more than one-third of last year's total venture capital financing in the U.S. (approximately $67 billion).
It has been said before that the cryptocurrency market only needs to focus on one key indicator, which is the inflow of funds into Bitcoin spot ETFs.
The significant influx of off-exchange funds has played an important role in sustaining Bitcoin buying pressure and addressing the selling pressure from long-term holders taking profits.
Halving cycle + favorable elections + policy easing, hold on tight, the market will welcome a liquidity explosion in November!