Institutional giants return! Bitcoin ETF attracts $750 million in a single day, marking the strongest record in 3 months

区块客
ETH0,48%

U.S. Bitcoin Spot ETF Experiences Long-Awaited Capital Influx on Tuesday, Attracting $753.7 Million in a Single Day, the Largest Net Inflow in Nearly 3 Months. This Strong Capital Momentum Signifies That Institutional Investors Are Re-Entering with Full Force After Ending Year-End Asset Allocation Adjustments. According to data platform SoSoValue, a total net inflow of $753.7 million was recorded across 12 Bitcoin spot ETFs in the U.S. on Tuesday, marking the highest since October 7 of last year. Among them, Fidelity’s FBTC led with $351 million; Bitwise’s BITB attracted $159 million; and BlackRock’s IBIT also saw a net inflow of $126 million. LVRG Research Director Nick Ruck pointed out that this ETF capital resurgence reflects a comprehensive recovery in institutional demand. After experiencing risk aversion and caution at the end of last year, investors are now actively reallocating capital. This wave of enthusiasm has also generated spillover effects. The Ethereum spot ETF recorded a net inflow of $130 million on the same day, indicating that confidence in the overall cryptocurrency market is returning. Why is capital rushing in at this moment? Vincent Liu, Chief Investment Officer of the well-known quantitative trading firm Kronos Research, believes that “the clarification of the overall economic situation” is the key driver. The U.S. Consumer Price Index (CPI) released on Tuesday shows that, although prices remain high, they have significantly retreated from their peak. This reinforces market expectations of a Federal Reserve rate cut, further boosting investor demand for risk assets. At the same time, good news also comes from policy circles. The U.S. Senate Banking Committee is preparing to revise and vote on the cryptocurrency market structure bill on Thursday. The market generally expects this will bring a clearer and more friendly legal framework for digital assets. The return of confidence is directly reflected in the prices. Bitcoin has risen 3% in the past 24 hours, trading at $94,610 at press time; Ethereum performed even more strongly, up 6.21% to $3,324.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Wintermute CEO: Will Continue Holding ETH and Supporting Ethereum's Long-Term Vision

Wintermute CEO Evgeny Gaevoy expressed more criticism than celebration of the Ethereum Foundation's mission statement, believing it can sustain the cypherpunk dream. He noted that the impact on ETH price in the short term is limited, with long-term results depending on goal achievement. He will continue to hold ETH for cultural and meme reasons.

GateNews54m ago

Analyst: BlackRock Launches Staking Ethereum ETF Solo to Avoid Punitive Impairment Risk

BlackRock's staking Ethereum ETF attracted approximately $46 million in funding within two days of its launch, holding spot ETH and staking 70%-95% of ETH through CEX. Investors can receive approximately 82% of staking rewards monthly, with remaining rewards going to BlackRock and service providers. The fund's non-compounding design attracts large investors, and BlackRock chose to launch the staking ETF independently to mitigate risks.

GateNews1h ago

MoonPay introduces native hardware signature support for AI agent tools

MoonPay announced on March 15 the introduction of hardware signing support for its AI agent tool, allowing transaction strategies to be executed across multiple blockchains, with users required to confirm transactions through Ledger devices to ensure private key security.

GateNews1h ago

ShapeShift founder spent 17.75 million USDT to buy 8,576 ETH over the past 5 days

Gate News reported on March 15 that according to Lookonchain monitoring, ShapeShift founder Erik Voorhees has resumed buying ETH after a year of inactivity. Over the past 5 days, he has spent 17.75 million USDT to purchase 8576 ETH. Currently, Erik Voorhees still holds 26.77 million USDT and may continue to purchase more ETH.

GateNews3h ago

DWF Labs: Traditional Altseason Coming to an End, Institutional Capital Shifting to BTC, ETH, and RWA

Andrei Grachev from DWF Labs points out that the traditional "altseason" is gradually disappearing due to structural changes in the crypto market. Institutional capital increasingly favors Bitcoin and Ethereum, exposing altcoins to higher risks and capital outflows. Over the past 13 months, altcoin market capitalization has declined by over $209 billion.

GateNews4h ago
Comment
0/400
No comments