Let’s talk about the capital flow of Bitcoin ETF first. Yesterday, I saw relevant news that Bitcoin ETF had its first net outflow, with an outflow of US$37.5 million.

I checked the information carefully and found that there was no such thing. On Thursday, 9 ETFs, including Grayscale GBTC, had a total net inflow of 4,832 BTC, about US$250 million.

This number is more than 100 million higher than the day before yesterday, although Grayscale GBTC still lost 2,652 BTC.

However, the ability of other institutions to take over orders is still particularly strong. BlackRock alone has increased its holdings by 1,891 coins, and the other eight institutions have also maintained their holdings.

So yesterday’s news bulletin was obviously wrong, and I saw some numerical details behind the news bulletin.

It is said that GBTC has an outflow of 1.993 billion, BlackRock has an inflow of 965 billion, and FBTC has an inflow of 525 billion.

This number is really too fake, so everyone should learn to find the source of the data themselves when seeing such news.

In addition, Matrixport’s poisonous milk is here again. The latest report says that BTC will reach $63,000 in March 2024.

The rationale is that based on historical retracements, Bitcoin prices typically rebound at halving times. In addition, there are other catalysts for the rise in Bitcoin prices, such as the approval of Bitcoin spot ETFs, expectations of interest rate cuts after the Federal Reserve's FOMC meeting, the US election, etc. #热门话题 #BTC #ETH