#Bitcoin ETF Inflows#

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Overview

Recently, Bitcoin ETF fund flows have shown a clear trend. Data shows that Bitwise BITB saw a net inflow of $8.7 million yesterday, while US spot Bitcoin ETFs saw a net inflow of $5.33 million. Grayscale GBTC, however, saw a net outflow of $9.6 million. Despite the outflow from Grayscale GBTC, Bitcoin ETFs as a whole still saw net inflows, indicating that investor enthusiasm for Bitcoin remains high. It is worth noting that Grayscale ETHE also saw a net outflow, while ETH saw a net inflow of $9.8 million, which may be related to Ethereum's recent market performance.

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Analysis

Recently, Bitcoin ETF fund flows have shown a clear trend. According to Farside Investors data, Bitwise BITB saw a net inflow of $8.7 million yesterday, while Grayscale GBTC saw a net outflow of $9.6 million, resulting in a net inflow of $4.1 million for BTC. Meanwhile, Grayscale ETHE saw a net outflow of $5.6 million, while ETH saw a net inflow of $9.8 million. Additionally, according to Trader T monitoring, US spot Bitcoin ETFs saw a net inflow of $5.33 million yesterday. Overall, despite the outflow from Grayscale GBTC, both Bitwise BITB and US spot Bitcoin ETFs saw inflows, indicating that investor enthusiasm for Bitcoin remains high. It is worth noting that ETH also saw inflows, which may be related to the upcoming Shanghai upgrade for Ethereum, which will allow the withdrawal of staked ETH, bringing new liquidity to the ETH market.

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Classic Views

Bitcoin ETF fund inflows continue to grow

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Bitwise BITB net inflows are significant

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Grayscale GBTC net outflows

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but BTC still has net inflows

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ETH net inflows continue

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