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Data: Last week, the overall net inflow of BTC ETF was 2.775 billion US dollars, and the weekly net inflow of ETH ETF reached 838 million US dollars

Data: Last week, the overall net inflow of BTC ETF was 2.775 billion US dollars, and the weekly net inflow of ETH ETF reached 838 million US dollars

Bitget2024/12/09 02:57
BTC+0.41%ETH+1.49%

Lin Chen, Deribit's Head of Business in Asia Pacific, posted on X last week stating that the buying sentiment for BTC ETFs remained strong. There was a total net inflow of $2.775 billion, with an increase of 28,606.26 BTC, leading to a successful breakthrough of the BTC price over $100,000 on Thursday. BlackRock continued to lead the purchases, absorbing 26,880.87 BTC for the week, accounting for 81.7% of the total increase. Conversely, Grayscale continued to reduce its holdings by 3,113.12 BTC, while other institutions maintained a net inflow status.

The ETH ETF was particularly strong last week, almost setting a record for the highest single-day net inflow on Thursday, with 111,567.04 ETH, totaling a weekly net inflow of $838 million and a net increase of 222,946.99 ETH. However, ETHE experienced a net outflow for five consecutive days (reaching 27,180.27 ETH), with BlackRock and Fidelity being the main accumulators, adding 152,711.02 ETH and 79,052.72 ETH, respectively. Additionally, the ETH/BTC exchange rate also successfully rebounded to nearly 0.04.

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.
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