Institutional capital delivers a major positive catalyst (direct buy orders provide support)



1. U.S. spot BTC/ETH ETFs continue to record large net inflows
Yesterday, the total net inflows into crypto ETFs across the entire market were $239 million, with Bitcoin ETFs alone accounting for $181 million—ending the prior run of 8 consecutive weeks of capital outflows. BlackRock’s IBIT remains at the top of the net inflow rankings. Institutions are continuing to “buy the dip” in batches at current prices, providing bottom support for the coin price.

2. BlackRock’s CEO publicly turns bullish on Bitcoin
Today, BlackRock CEO Fink, in an interview with CNBC, made it clear that the risk from leverage in the Bitcoin market has been cleared, the market structure is mature, and Bitcoin has become a target for global large-asset allocation. He is optimistic about the market outlook for the next 12 months. The world’s largest asset manager’s leader
BTC-1.06%
ETH-2.48%
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