Recently, I noticed that Bitcoin spot ETFs have seen another wave of capital inflows this week, with $787 million flowing in from Monday to Friday alone. BlackRock's IBIT performed the strongest, with $503 million invested in just one week. Under the leadership of the CEO, this institution has been very active in crypto asset allocation. Currently, IBIT's total inflow has reached $61.8 billion, which truly shows BlackRock's increasing influence in this sector.



Interestingly, although Grayscale's GBTC also received $89.43 million this week, its total inflow remains negative, with a total outflow of $25.87 billion. It seems investors still favor large institutions like BlackRock over Grayscale.

The entire spot ETF market now has a size of $83.4 billion, accounting for 6.36% of the total Bitcoin market cap, with a total inflow of $54.8 billion. This growth rate is really fast, and it feels like institutional confidence in Bitcoin remains very strong.
BTC-1.6%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin