This week, the total net inflow of BTC ETF reached $1.1085 billion, and the total net inflow of ETH ETF reached $85 million
Sep 29, 2024 08:04
Deribit's Asia Pacific Business Manager Lin Chen posted on X that this week's BTC ETF has significantly improved compared to previous weeks, with net inflows in all five days and a total weekly net inflow of $1.1085 billion (with a total increase of 17265.54 BTC holdings). Among them, BlackRock has shifted from a zero change to five consecutive days of net inflows, accumulating 7808.46 BTC holdings, accounting for 45% of the total net inflows. This indirectly reflects that institutional investors have gradually regained their confidence in buying this week, and market sentiment has rebounded.
This week, the ETH ETF showed a net inflow overall, with a total net inflow of $85 million (a total increase of 31522.88 ETH holdings). Among them, the main force of selling is still ETHE. As of now, ETHE holds a total of 1673190.24 ETH and has sold approximately 942039.67 ETH, accounting for 36.03% of the total. In addition, other institutions showed a net inflow trend this week, and the overall fund flow maintained a relatively healthy trend.
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