I spent the morning watching the flows of Bitcoin and Ethereum spot ETFs in the US, and the movement was quite interesting. Last week, $816 million entered Bitcoin spot funds, mainly driven by BlackRock's IBIT, which alone pulled in $612 million. Ethereum spot ETFs also performed well, with $187 million in inflows, led by BlackRock's ETHA with $168 million. These numbers show that institutional capital continues to flow into Bitcoin spot products.



What caught my attention was that even with market pressure and some negative macroeconomic factors, the baby boomer generation injected approximately $500 million into Bitcoin ETFs in a single day. This indicates there is real long-term allocation demand; it’s not just hype. Of course, the total net flow for the year is still slightly negative, but these recent movements suggest the market is starting to position itself better.

There was also activity in Hong Kong, with Bitcoin spot ETFs recording an inflow of 4.68 BTC, totaling $284 million in assets. The implied volatility of Bitcoin spot ETF futures is at 44.74%, and the overall sentiment is bullish, with a buy/sell ratio of 2.27. It seems the market is gaining confidence in these products.
ETH-0.48%
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