#Bitcoin ETF Inflows Hit $1 Billion#
Hot Topic Overview
Overview
Bitcoin spot ETFs saw a total net inflow of $1.076 billion on January 17, with BlackRock's ETF IBIT seeing a net inflow of $376 million on the day, and Fidelity's ETF FBTC seeing a net inflow of $326 million. As of press time, the total net asset value of Bitcoin spot ETFs is $121.28 billion, with the ETF net asset ratio (market cap compared to Bitcoin's total market cap) reaching 5.85%. The total historical net inflow has reached $38.18 billion. On the same day, Ethereum spot ETFs saw a total net inflow of $23.8717 million, with Fidelity's ETF FETH seeing a net inflow of $13.9901 million, and BlackRock's ETF ETHA seeing a net inflow of $7.3831 million.
Ace Hot Topic Analysis
Analysis
Bitcoin spot ETFs saw a total net inflow of $1.076 billion on January 17, with BlackRock's IBIT ETF seeing a net inflow of $376 million and Fidelity's FBTC ETF seeing a net inflow of $326 million. As of press time, the total net asset value of Bitcoin spot ETFs is $121.28 billion, with an ETF net asset ratio (market capitalization compared to Bitcoin's total market capitalization) of 5.85%. The historical cumulative net inflow has reached $38.18 billion. Grayscale's GBTC ETF saw a net inflow of $20.76 million on the day, while GBTC has seen a historical net outflow of $21.65 billion. Grayscale's Bitcoin Mini Trust ETF BTC saw a net inflow of $21.82 million on the day, and the historical total net inflow for Grayscale Bitcoin Mini Trust BTC is $960 million.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Bitcoin spot ETF saw massive net inflows, reaching $1.076 billion in a single day, indicating investors' continued confidence in the cryptocurrency market.
Large institutional investors such as BlackRock and Fidelity have launched Bitcoin spot ETFs, attracting significant capital inflows, further driving the market development of Bitcoin ETFs.
The net asset ratio of Bitcoin spot ETFs has reached 5.85%, demonstrating its growing position and influence in the cryptocurrency market.
The continuous net inflows into Bitcoin spot ETFs will further drive Bitcoin price growth and attract more investors to the cryptocurrency market.