Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
This week, Bitcoin spot ETFs increased their holdings by 26,861.87 BTC, with BlackRock IBIT accounting for 72.3%

This week, Bitcoin spot ETFs increased their holdings by 26,861.87 BTC, with BlackRock IBIT accounting for 72.3%

CointimeCointime2024/11/24 02:44
By:Cointime

 Deribit's Asia-Pacific business leader Lin Chen stated in a post on X that BTC ETFs performed strongly this week, with a net inflow of 3.335 billion US dollars and a net increase of 26,861.87 BTC.

Among them, BlackRock's iShares continued to lead the way in holdings, absorbing 19,972.17 BTC in a single week, accounting for 72.3% of the total increase. Except for small outflows from Grayscale on Thursday and Friday, all other institutions maintained a net inflow. Analysis pointed out that the market sentiment this week was mainly centered around the narrative related to MSTR, and the greed index is currently at 80, with purchasing power still strong.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

The 2024 Crypto Users Report

Flipside2025/01/21 07:18

Crypto Trading Firm QCP Capital Says Donald Trump Could Kick Off Memecoin Altcoin Season!

QCP Capital has predicted that the memecoin TRUMP associated with US President-elect Donald Trump could act as a catalyst for altcoin season.

Bitcoinsistemi2025/01/21 07:00

Vitalik Buterin Responds to Ethereum (ETH) Foundation's Sell-Offs, Reveals New Solution They're Researching!

Ethereum co-founder Vitalik Buterin said that the Ethereum Foundation, which has attracted attention with its sales, is exploring ETH staking options.

Bitcoinsistemi2025/01/21 07:00