The capital-raising ability of spot Bitcoin ETFs is indeed accelerating. In just one day, the net inflow reached $838 million, an 11.3% increase compared to the previous trading day, with the product issued by BlackRock contributing the most. Interestingly, Bitcoin prices have slightly retraced, yet ETF funds continue to pour in, creating an intriguing contrast. Is this smart money accumulating at lows, or is it simply institutional demand? Can this ongoing influx of funds reignite market enthusiasm and rekindle Bitcoin's upward momentum? Based on recent data, institutional attitudes are quite clear, and the market's response is worth watching.
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.
The capital-raising ability of spot Bitcoin ETFs is indeed accelerating. In just one day, the net inflow reached $838 million, an 11.3% increase compared to the previous trading day, with the product issued by BlackRock contributing the most. Interestingly, Bitcoin prices have slightly retraced, yet ETF funds continue to pour in, creating an intriguing contrast. Is this smart money accumulating at lows, or is it simply institutional demand? Can this ongoing influx of funds reignite market enthusiasm and rekindle Bitcoin's upward momentum? Based on recent data, institutional attitudes are quite clear, and the market's response is worth watching.