#Bitcoin ETF Funds Surge#

Recently, the spot Bitcoin ETF market has seen a surge in funds, with net inflows reaching a record high of $803 million yesterday. Among them, BlackRock's ETF IBIT saw net inflows of $662 million yesterday, making it the ETF with the highest inflow yesterday, with its total historical net inflows reaching $39.074 billion. Grayscale's Bitcoin Mini Trust BTC saw net inflows of $136 million yesterday, with total historical net inflows of $1.096 billion. As of now, the total net assets of spot Bitcoin ETFs are $123.59 billion, accounting for 5.88% of Bitcoin's total market capitalization, with cumulative net inflows of $38.982 billion. At the same time, spot Ethereum ETFs have also performed well, with net inflows of $74.4 million yesterday. Analysts believe that there is a significant positive correlation between fund inflows and Bitcoin prices, and ETF fund inflows are likely to continue to drive Bitcoin prices up. It's worth noting that despite fund inflows into Ethereum ETFs, their scale is far less than that of Bitcoin ETFs, reflecting the market's higher attention to Bitcoin.