#Significant Inflows into Bitcoin ETFs#

Recently, the significant influx of funds into Bitcoin spot ETFs has attracted market attention. According to data, on January 21st, Eastern Time, the daily net inflow of Bitcoin spot ETFs reached a staggering $802 million, marking the fourth consecutive day of net inflow. Among them, BlackRock's ETF IBIT witnessed a net inflow of $662 million, making it the ETF with the highest inflow yesterday. Its total historical net inflow has reached $39.074 billion. Grayscale Bitcoin Mini Trust BTC saw a daily net inflow of $136 million, bringing its total historical net inflow to $1.096 billion. As of now, the total net asset value of Bitcoin spot ETFs stands at $123.59 billion, accounting for 5.88% of Bitcoin's total market capitalization. The accumulated net inflow historically amounts to $38.982 billion. This indicates that institutional investors are gaining confidence in Bitcoin and actively investing in it through ETFs. Furthermore, data reveals that Bitcoin ETFs, after a year of launch, hold over 1.1 million BTC, approximately 5.7% of the current supply, further highlighting the significance of ETFs in the Bitcoin market. Notably, there's a significant positive correlation between ETF fund inflows and BTC prices. Therefore, the continued influx of institutional funds could potentially propel Bitcoin prices upward.