Bitget App
Trade smarter
Bloomberg analyst: Bitcoin spot ETF net inflows reached $17 billion for the first time since the beginning of the year
Odaily2024/07/20 17:11
By:Odaily
Odaily News Bloomberg ETF analyst Eric Balchunas wrote on the X platform that the year-to-date net inflow of
Bitcoin spot ETFs has reached $17 billion for the first time. This is the most noteworthy number because it is the net amount unlocked by GBTC and is independent of price appreciation, basically without any gimmicks, and can only grow through net demand and adoption. And it may fall, but it is rising now.
0
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
Bitget to decouple loan interest rates from futures funding rates for select coins in spot margin trading
Bitget Announcement•2025/07/21 06:25
Bitget Launches HYPE On-chain Earn With 2.1~4.5% APR
Bitget Announcement•2025/07/20 14:00
New spot margin trading pair — ERA/USDT!
Bitget Announcement•2025/07/18 11:30
Launchpool - Unique ERA Event: Stake BTC ETH for a Chance to Win a 10% APR Boost
Bitget Announcement•2025/07/18 09:02
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$119,411.04
+1.09%
Ethereum
ETH
$3,790.55
+3.25%
XRP
XRP
$3.57
+3.24%
Tether USDt
USDT
$1
-0.01%
BNB
BNB
$761.51
+2.40%
Solana
SOL
$189.61
+6.29%
USDC
USDC
$0.9998
+0.01%
Dogecoin
DOGE
$0.2736
+8.30%
Cardano
ADA
$0.8939
+5.72%
TRON
TRX
$0.3151
-1.31%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now