#U.S. Spot BTC ETF Attracts $626 Million in Assets#
Hot Topic Overview
Overview
The US spot Bitcoin ETF market saw net inflows of $626 million yesterday (US Eastern Time, January 16), with BlackRock's ETF IBIT seeing net inflows of $528 million on a single day, bringing its total net inflows to $38.036 billion. Meanwhile, the spot Ethereum ETF market also saw inflows, with net inflows of $167 million, BlackRock's ETF ETHA seeing net inflows of $111 million on a single day, bringing its total net inflows to $3.827 billion. According to AICoin monitoring, ETF fund inflows have a significant positive correlation with BTC prices. It is worth noting that Grayscale GBTC saw outflows of $70 million yesterday.
Ace Hot Topic Analysis
Analysis
The U.S. spot Bitcoin ETF market saw a net inflow of $626 million yesterday (EST, January 16), with BlackRock's ETF IBIT recording a single-day net inflow of $528 million, bringing its total net inflow to $38.036 billion. Meanwhile, spot Ethereum ETFs also saw a net inflow of $167 million, with BlackRock's ETF ETHA recording a single-day net inflow of $111 million, bringing its total net inflow to $3.827 billion. Data shows that ETF fund inflows are significantly positively correlated with the BTC price, while ETH shows the opposite trend - higher inflows lead to lower prices.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
US Spot BTC ETF market fund inflow is strong, with a net inflow of $6.26 billion yesterday, of which BlackRock ETF IBIT had a net inflow of $5.28 billion.
BTC ETF fund inflow has a significant positive correlation with BTC price, and can be used to automate order entry by tracking ETF fund flow.
Grayscale GBTC outflows $70 million yesterday, indicating that investors are shifting from GBTC to spot BTC ETFs.
Ethereum spot ETF had a net inflow of $167 million yesterday, but Ethereum price did not rise significantly, which may be related to market sentiment and the overall market environment.