#Bitcoin ETF inflows in US stocks: 7,222 coins#
Hot Topic Overview
Overview
On January 17th, US Bitcoin ETFs saw net inflows of 7,222 BTC, while Ethereum ETFs saw net inflows of 56,608 ETH. This marks multiple consecutive days of capital inflows, with BlackRock being a major contributor, adding 5,253 BTC and 33,314 ETH on a single day. This indicates a surge in investor enthusiasm towards both BTC and ETH, particularly from BlackRock's investors, who displayed strong buying activity. Recently, the price increases of both BTC and ETH have driven an uptick in ETF purchasing, aligning with the market's optimism towards the power transition.
Ace Hot Topic Analysis
Analysis
On January 17, US Bitcoin ETFs saw a net inflow of 7,222 BTC, while Ethereum ETFs saw a net inflow of 56,608 ETH. Among them, BlackRock took the lead with an inflow of 5,253 BTC, currently holding 559,564 BTC; and an inflow of 33,314 ETH, currently holding 1,157,611 ETH. This indicates investors' growing enthusiasm for cryptocurrencies, especially for Bitcoin and Ethereum. In recent days, the fund inflows to Bitcoin and Ethereum ETFs have continued to increase, which is related to the rebound in market sentiment and expectations for a power transition. Investors generally believe that the crypto market will usher in new development opportunities with the inauguration of the new president.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
US Bitcoin ETF inflows are strong, with BlackRock leading the way, with inflows exceeding $1.3 billion for two consecutive days, completely wiping out the previous four days' outflows.
Ethereum ETF inflows are also continuing to increase, with institutions such as BlackRock, Fidelity and Grayscale buying.
Investor sentiment is high, driving up purchasing power, especially expectations for a power shift, which has boosted ETF purchasing power.
Bitcoin and Ethereum prices have risen, driving up ETF purchasing power, with a mutually reinforcing relationship between the two.