Bitcoin spot ETF experienced a net inflow of $471 million yesterday, with BlackRock's IBIT product performing the best, recording a single-day net inflow of $287 million. Since its launch, this ETF has accumulated a net inflow of $62.38 billion, becoming one of the mainstream choices in the market.
As of now, the total assets of spot ETFs have reached $116.952 billion. Notably, this portion of assets has increased to 6.53% of Bitcoin's total market capitalization, indicating that institutional investors continue to increase their holdings in these products. The sustained capital inflow reflects growing investor confidence in Bitcoin asset allocation.
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RuntimeError
· 14h ago
Is BlackRock treating cryptocurrencies as assets? Investing 287 million in a single day, they are indeed formidable.
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memecoin_therapy
· 01-03 09:49
BlackRock's move is truly excellent; IBIT's overwhelming lead—what does it indicate... institutions are really quietly laying in wait.
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DarkPoolWatcher
· 01-03 09:42
BlackRock's move... really wants to include Bitcoin in mainstream asset allocation, with a 6.53% share which is not small, but it still depends on how much it can increase in the future.
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AlwaysMissingTops
· 01-03 09:39
BlackRock's 287 million in, and I knew big institutions are already quietly taking profits.
Institutions really know how to play; retail investors are still debating when to buy.
What does the 6.53% ratio indicate? It shows that institutions haven't had enough yet.
IBIT is so good at attracting funds; no wonder it's the market's main choice.
The net inflow is so strong; aren't we a bit foolish if we don't follow?
A total of 62.38 billion has already flowed in—this is just the beginning?
Institutions keep adding positions; we need to follow the rhythm.
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MetaverseLandlord
· 01-03 09:33
BlackRock's move is really aggressive. What does the net inflow of 62.38 billion indicate? It shows that major institutions are all rushing to get in. What are we retail investors still hesitating for?
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Anon32942
· 01-03 09:31
BlackRock's move this time is truly brilliant. 287 million came in just like that in one day. Institutional money is just different.
Bitcoin spot ETF experienced a net inflow of $471 million yesterday, with BlackRock's IBIT product performing the best, recording a single-day net inflow of $287 million. Since its launch, this ETF has accumulated a net inflow of $62.38 billion, becoming one of the mainstream choices in the market.
As of now, the total assets of spot ETFs have reached $116.952 billion. Notably, this portion of assets has increased to 6.53% of Bitcoin's total market capitalization, indicating that institutional investors continue to increase their holdings in these products. The sustained capital inflow reflects growing investor confidence in Bitcoin asset allocation.