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This week, Bitcoin spot ETFs increased their holdings by 26,861.87 BTC, with BlackRock IBIT accounting for 72.3%
2024-11-24 02:18
Odaily News Lin Chen, head of Asia Pacific business at Deribit, said in a post on X that BTC ETFs performed strongly this week, with net inflows of $3.335 billion and a net increase of 26,861.87 BTC. Among them, BlackRock IBIT continued to lead the increase, absorbing 19,972.17 BTC in a single week, accounting for 72.3% of the total increase. Except for Grayscale's small outflows on Thursday and Friday, the rest of the institutions maintained net inflows. Analysis shows that this week's market sentiment is basically centered around the narrative of MSTR. The current greed index is 80, and purchasing power is still strong.