This week, the net inflow of Bitcoin spot ETFs was 255.3 million US dollars, increasing holdings by 2421.94 BTC
Deribit's Head of Asia Pacific Business, Lin Chen, posted on X stating: "This week the overall performance of BTC spot ETFs was a slight net inflow. Despite the market closure on Wednesday and a large net outflow on Thursday, the inflows from other days filled this gap. The total weekly net inflow reached 255.3 million USD, increasing holdings by 2421.94 BTC. Among them, BlackRock's IBIT set a record for the largest single-day reduction again on Thursday with 3516.57 BTC, while market sentiment warmed up on Friday with an inflow of 2601.9 BTC and Fidelity increased its holdings by 3684.64 that day alone. The current price of BTC has rebounded somewhat and is maintaining wide fluctuations around $98k."
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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