比特币ETF

Kobeissi Letter: Bitcoin ETF's AUM is Expected to Surpass Gold ETF Next Year

Bitcoin Exchange-Traded Funds (ETFs) are approaching a historic development milestone, with their Assets Under Management (AUM) likely to surpass traditional Gold ETFs for the first time, marking an important shift in global capital allocation.

According to the Kobeissi Letter, the AUM of Bitcoin ETFs has doubled over the past 12 months, reaching $150 billion, while Gold ETFs grew by 40% during the same period, amounting to $180 billion.

If the current trend continues, Bitcoin ETFs may achieve this surpassing goal next year, indicating that cryptocurrencies are transitioning from marginal speculative assets to an important component of mainstream investment portfolios.

It is noteworthy that three years ago, the scale of Gold ETFs was five times that of Bitcoin ETFs, and now the gap between the two is narrowing at an unprecedented pace. ETFs have become the core driving force of this cryptocurrency bull market.

Additionally, the continuous large-scale inflow of funds into ETF products led by BlackRock's IBIT not only injects critical liquidity into the market but also establishes an overall upward trend.

According to data from CryptoQuant, currently, 13% of the funds entering the cryptocurrency market come directly from ETF products.

Meanwhile, the daily trading volume of the US spot Bitcoin ETF can reach between $5 billion to $10 billion on the most active trading days. This surge clearly reflects the significant increase in institutional investors' demand for regulated Bitcoin investment channels, with ETFs rapidly becoming their preferred tool.

However, despite the rapid growth of ETFs, Binance still maintains a dominant position in the spot market, with daily trading volumes ranging between $10 billion to $18 billion, capturing 29% of the market share, which is twice that of US ETFs.

From a broader perspective, the rise of Bitcoin ETFs not only reflects the intensified capital competition between digital assets and traditional precious metals but also reveals the profound transformation occurring in institutional capital allocation paradigms.

In conclusion, as mainstream asset management giants continue to enter the market and compliant investment channels improve, cryptocurrencies are undergoing fundamental restructuring in market structure, investor composition, and asset characteristics.

#比特币ETF #黄金ETF #资产管理规模

US BTC and ETH Spot ETFs Experienced Net Outflows Exceeding $100 Million Yesterday

On August 30, according to SoSoValue data, the US Bitcoin Spot ETF saw a total net outflow of nearly $127 million yesterday, marking the first day of net outflow after four consecutive days of net inflow.

Among them, the Ark & 21 Shares Bitcoin Spot ETF ARKB experienced a net outflow of $72.07 million, making it the Bitcoin ETF with the highest net outflow yesterday, currently accumulating a net inflow of $2.09 billion;

Following closely is Fidelity’s Bitcoin Spot ETF FBTC, with a net outflow of $66.2 million yesterday, and FBTC currently has a total net inflow of $11.75 billion;

Meanwhile, Grayscale’s Bitcoin Trust ETF GBTC had a net outflow of $15.3 million yesterday, with GBTC currently recording a total net outflow of $23.94 billion;

It is noteworthy that BlackRock’s IBIT and WisdomTree’s BTCW recorded net inflows of $24.63 million and $2.3 million respectively yesterday.

As of now, the total net asset value of Bitcoin Spot ETFs is $139.95 billion, accounting for 6.52% of the total Bitcoin market capitalization, with a cumulative total net inflow of $54.24 billion.

On the same day, Ethereum Spot ETFs experienced a total net outflow of nearly $165 million yesterday, also marking the first day of net outflow after six consecutive days of net inflow.

Among them, Grayscale’s ETH and ETHE saw net outflows of $61.3 million and $28.64 million respectively yesterday;

While Fidelity’s FETH and Bitwise’s ETHW experienced net outflows of $51.02 million and $23.68 million respectively yesterday.

As of now, the total net asset value of Ethereum Spot ETFs is $28.58 billion, accounting for 5.48% of the total Ethereum market capitalization, with a cumulative total net inflow of $13.51 billion.

#比特币ETF #以太坊ETF

US Bitcoin ETF records net inflow for 4 consecutive days, Ethereum ETF records net inflow for 6 consecutive days

On August 29, according to SoSoValue data, the US Bitcoin spot ETF recorded a single-day total net inflow of nearly $179 million yesterday, marking 4 consecutive days of net inflow.

Among them, Ark & 21 Shares Bitcoin spot ARKB had a single-day net inflow of $79.81 million, making it the Bitcoin ETF with the highest net inflow yesterday, with a cumulative net inflow of $2.17 billion for ARKB;

Next is BlackRock's Bitcoin spot ETF IBIT, with a single-day net inflow of $63.72 million, currently with a cumulative net inflow of $58.28 billion;

Following closely is Bitwise Bitcoin spot ETF BITB, with a single-day net inflow of $25.02 million, currently with a cumulative net inflow of $2.29 billion;

Meanwhile, Grayscale's BTC and Fidelity's FBTC recorded net inflows of $5.45 million and $4.89 million respectively yesterday.

As of now, the total net asset value of Bitcoin spot ETFs is $144.96 billion, accounting for 6.51% of the total Bitcoin market capitalization, with a cumulative total net inflow of $54.37 billion.

On the same day, the Ethereum spot ETF recorded a single-day total net inflow of $39.16 million yesterday, marking 6 consecutive days of net inflow.

Among them, BlackRock's Ethereum spot ETF ETHA led the ETH ETF single-day net inflow chart with nearly $67.62 million, currently with a cumulative net inflow of $13.12 billion;

Meanwhile, Grayscale's Bitcoin Mini Trust ETF ETH had a single-day net inflow of $6.27 million, currently with a cumulative net inflow of $1.46 billion;

However, Fidelity's FETH and Bitwise's ETHW recorded net outflows of $33.45 million and $1.28 million respectively yesterday.

As of now, the total net asset value of Ethereum spot ETFs is $29.51 billion, accounting for 5.48% of the total Ethereum market capitalization, with a cumulative total net inflow of $13.68 billion.

#比特币ETF #以太坊ETF

The U.S. Bitcoin ETF has seen net inflows for 3 consecutive days, while the Ethereum ETF has seen net inflows for 5 consecutive days.

On August 28, according to SoSoValue data, the U.S. Bitcoin spot ETF recorded a total net inflow of $81.25 million yesterday, marking 3 consecutive days of net inflows.

Among them, BlackRock's Bitcoin spot ETF IBIT had the highest net inflow of $50.87 million yesterday, bringing the cumulative net inflow of IBIT to $58.22 billion;

Next is Fidelity's Bitcoin spot ETF FBTC, with a daily net inflow of $14.65 million, bringing the cumulative net inflow of FBTC to $11.81 billion;

Invesco's BTCO, Franklin's EZBC, and Ark & 21 Shares' ARKB reported net inflows of $6.71 million, $6.48 million, and $5.58 million respectively yesterday.

It is noteworthy that Bitwise's Bitcoin ETF BITB experienced a net outflow of $3.05 million, making it the only Bitcoin ETF with net outflows yesterday;

As of now, the total net asset value of Bitcoin spot ETFs is $144.57 billion, accounting for 6.46% of Bitcoin's total market capitalization, with a cumulative total net inflow of $54.19 billion.

On the same day, the Ethereum spot ETF recorded a total net inflow of $3.09 million yesterday, marking 5 consecutive days of net inflows.

Among them, BlackRock's Ethereum spot ETF ETHA had the highest single-day net inflow of nearly $263 million, bringing the cumulative net inflow of ETHA to $13.06 billion;

Next is Fidelity's Ethereum spot ETF FETH, with a single-day net inflow of $20.50 million, bringing the cumulative net inflow of FETH to $2.85 billion;

GrayScale's ETH and ETHE, as well as VanEck's ETHV and 21 Shares' CETH, reported net inflows of $15.10 million, $5.65 million, $3.30 million, and $2.28 million respectively yesterday.

As of now, the total net asset value of Ethereum spot ETFs is $30.17 billion, accounting for 5.44% of Ethereum's total market capitalization, with a cumulative total net inflow of $13.64 billion.

#比特币ETF #以太坊ETF

US BTC and ETH Spot ETFs Continue to Attract Capital, BlackRock Leads the Market in Daily Inflows

On August 27, according to SoSoValue data, the total net inflow of US Bitcoin spot ETFs yesterday was $88.2 million, marking two consecutive days of net capital inflows.

Among them, BlackRock's Bitcoin spot ETF IBIT topped the daily net inflow chart with $45.34 million yesterday, currently accumulating a net inflow of $58.17 billion;

Following closely is Fidelity's Bitcoin spot ETF FBTC, with a daily net inflow of $14.52 million, currently accumulating a net inflow of $11.8 billion;

Next is GrayScale's BTC, with a daily net inflow of $11.32 million, currently accumulating a net inflow of $1.73 billion;

Bitwise's BITB, Ark & 21 Shares' ARKB, and VanEck's HODL had daily net inflows of $9.05 million, $4.05 million, and $3.92 million, respectively.

As of now, the total net asset value of Bitcoin spot ETFs is $143.15 billion, accounting for 6.46% of Bitcoin's total market value, with a cumulative total net inflow of $54.11 billion.

On the same day, Ethereum spot ETFs recorded nearly $455 million yesterday, marking four consecutive days of net capital inflows.

Among them, BlackRock's Ethereum spot ETF ETHA also topped the daily net inflow chart with nearly $323 million, currently accumulating a net inflow of $12.79 billion;

Fidelity's Ethereum spot ETF FETH followed with a daily net inflow of $85.52 million, currently accumulating a net inflow of $2.83 billion;

GrayScale's ETH and ETHE recorded net inflows of $41.12 million and $5.31 million yesterday, respectively.

As of now, the total net asset value of Ethereum spot ETFs is $29.89 billion, accounting for 5.4% of Ethereum's total market value, with a cumulative total net inflow of $13.33 billion.

In summary, neither BTC ETF nor ETH ETF experienced a net outflow yesterday, coupled with the continuous daily net inflow phenomenon, seems to indicate that the trend of net outflows from last week is reversing.

Whether this trend means that the current round of market correction has ended? The answer may still require time to verify, but the positive signals from the market can no longer be ignored.

#比特币ETF #以太坊ETF

BTC and ETH spot ETFs saw net inflows of $219 million and $444 million yesterday

On August 26, according to SoSoValue data, the U.S. Bitcoin spot ETF recorded a total net inflow of $219 million yesterday, marking the first day of net inflow after six consecutive days of net outflows.

Among them, Fidelity's Bitcoin spot ETF FBTC topped the daily net inflow chart with $65.56 million, and currently, FBTC has a cumulative net inflow of $11.78 billion;

Next were BlackRock's IBIT and Ark & 21 Shares' ARKB, which recorded net inflows of $63.38 million and $61.21 million yesterday, respectively;

Bitwise's BITB, GrayScale's BTC, and VanEck's HODL saw net inflows of $15.18 million, $7.35 million, and $6.32 million yesterday, respectively.

As of now, the total asset net value of Bitcoin spot ETFs is $143.65 billion, accounting for 6.58% of Bitcoin's total market value, with a cumulative total net inflow of $54.02 billion.

On the same day, the Ethereum spot ETF recorded nearly $444 million, marking three consecutive days of net inflows.

Among them, BlackRock's Ethereum spot ETF ETHA also topped the daily net inflow chart with nearly $315 million, and currently, ETHA has a cumulative net inflow of $12.47 billion;

Next was Fidelity's FETH and GrayScale's ETH, which recorded daily net inflows of $87.41 million and $53.27 million, respectively;

Bitwise's ETHW, 21 Shares' CETH, and Invesco's QETH recorded net inflows of $9.69 million, $5.62 million, and $2.20 million, respectively;

Additionally, GrayScale's Ethereum Trust ETF ETHE saw a net outflow of $29.17 million, becoming the only Ethereum ETF with a net outflow yesterday;

As of now, the total asset net value of Ethereum spot ETFs is $28.84 billion, accounting for 5.49% of Ethereum's total market value, with a cumulative total net inflow of $12.87 billion.

In summary, although both BTC and ETH ETFs experienced net inflows amounting to hundreds of millions of dollars yesterday, the prices in the spot market have seen varying degrees of decline over the past 24 hours.

Investors are advised to remain calm, closely monitor market dynamics, and adopt cautious position management strategies.

#比特币ETF #以太坊ETF

BTC and ETH spot ETFs saw a net inflow of $219 million and $444 million respectively yesterday. On August 26, according to SoSoValue data, the U.S. Bitcoin spot ETF recorded a total net inflow of $219 million for the day, marking the first net inflow after six consecutive days of net outflows. Among them, Fidelity's Bitcoin spot ETF FBTC led the day with a net inflow of $65.56 million, and FBTC has a cumulative net inflow of 117.

#比特币ETF
#以太坊ETF $DOGE $BNB

BTC and ETH spot ETFs both experienced net outflows for the first week last week. The net outflow of BTC ETF for the week ranked second in history.

According to SoSoValue data, the Bitcoin spot ETF saw a net outflow of $1.17 billion last week, marking the first week of outflow after two consecutive weeks of net inflows, with the single-week outflow ranking second in history.

Among them, BlackRock's IBIT recorded a net outflow of $615 million last week, making it the Bitcoin ETF with the highest net outflow for the week, and IBIT has accumulated an inflow of $58.06 billion;

Next is Fidelity's FBTC, which had a net outflow of $235 million last week, and FBTC has accumulated a net inflow of $11.72 billion;

Ark & 21Shares' ARKB, Grayscale's GBTC, Bitwise's BITB, and Grayscale's BTC recorded net outflows of $182 million, $118 million, $60.78 million, and $2.55 million, respectively;

It is worth noting that VanEck's HODL and Franklin's EZBC recorded net inflows of $26.41 million and $13.49 million last week, respectively.

As of now, the total net asset value of Bitcoin spot ETFs is $150.23 billion, accounting for 6.45% of Bitcoin's total market capitalization, with a cumulative total net inflow of $53.8 billion.

In the same week, the Ethereum spot ETF had a net outflow of nearly $238 million last week, marking the first week of net outflow after 14 consecutive weeks of net inflows.

Among them, Grayscale's ETHE recorded a net outflow of nearly $88.97 million last week, making it the Ethereum ETF with the highest net outflow for the week, and ETHE has accumulated a total net outflow of $4.48 billion;

Next is Fidelity's FETH, with a single-week net outflow of $79.65 million, and FETH has accumulated a total net inflow of $2.66 billion;

Grayscale's ETH, BlackRock's ETHA, Invesco's QETH, and Franklin's EZET recorded net outflows of $50.42 million, $8.26 million, $7.44 million, and $7.43 million, respectively;

It is worth noting that Bitwise's ETHW and VanEck's ETHV recorded net inflows of $2.52 million and $1.91 million last week, respectively.

As of now, the total net asset value of Ethereum spot ETFs is $30.58 billion, accounting for 5.22% of Ethereum's total market capitalization, with a cumulative total net inflow of $12.43 billion.

#比特币ETF #以太坊ETF

Bitcoin spot ETF experiences net outflow of $194 million for 5 consecutive days; Ethereum ETF sees net inflow after 4 days of outflows

On August 22, according to SoSoValue data, the U.S. Bitcoin spot ETF recorded a total net outflow of $194 million yesterday, marking five consecutive days of net outflows.

Among them, BlackRock's Bitcoin spot ETF IBIT topped the net outflow list with $127 million in outflows, currently having a cumulative net inflow of $58.26 billion;

Next is Ark & 21 Shares' ARKB, which saw a net outflow of $43.28 million yesterday, currently with a cumulative net inflow of $1.95 billion;

Following that is Fidelity's FBTC, with a net outflow of $31.77 million yesterday, currently having a cumulative net inflow of $11.67 billion;

However, Grayscale's BTC and Franklin's EZBC recorded net inflows of $4.97 million and $3.25 million respectively yesterday;

As of now, the total net asset value of Bitcoin spot ETFs is $144.48 billion, accounting for 6.45% of Bitcoin's total market value, with a cumulative total net inflow of $53.82 billion.

On the same day, the Ethereum spot ETF recorded a net inflow of nearly $288 million yesterday, marking its first net inflow after four consecutive days of outflows.

Among them, BlackRock's Ethereum spot ETF ETHA led the list with a net inflow of nearly $234 million yesterday, currently having a cumulative net inflow of $12.05 billion;

Next is Fidelity's Ethereum spot ETF FETH, which saw a net inflow of $28.53 million yesterday, currently with a cumulative net inflow of $2.54 billion;

Meanwhile, Bitwise's ETHW, VanEck's ETHV, and Grayscale's ETH and ETHE recorded net inflows of $6.99 million, $6.21 million, $6.36 million, and $5.92 million respectively yesterday.

As of now, the total net asset value of Ethereum spot ETFs is $26.55 billion, accounting for 5.18% of Ethereum's total market value, with a cumulative total net inflow of $12.09 billion.

In summary, BlackRock's cryptocurrency ETFs continue to perform remarkably. Although IBIT faced an outflow of $127 million yesterday, ETHA welcomed an inflow of nearly $234 million, indicating a possible shift in investment strategy and focus for this leading asset management giant.

#比特币ETF #以太坊ETF

BTC and ETH Spot ETFs Experience 4 Consecutive Days of Capital Outflow; Ethereum ETF Records Third Highest Daily Net Outflow in History

On August 21, according to SoSoValue data, the U.S. Bitcoin Spot ETF saw a net outflow of nearly $312 million yesterday, marking four consecutive days of capital net outflow.

Among them, BlackRock's Bitcoin Spot ETF IBIT led the daily net outflow with $220 million, currently accumulating a net inflow of $58.38 billion;

Following closely is Ark & 21 Shares' ARKB, with a daily net outflow of $75.74 million, currently accumulating a net inflow of $1.99 billion;

Next are Grayscale's GBTC and Fidelity's FBTC, which recorded net outflows of $8.98 million and $7.46 million yesterday, respectively;

Meanwhile, Bitwise's BITB was the only Bitcoin ETF with a net inflow yesterday, gaining a net inflow of $619,800, currently accumulating a net inflow of $2.23 billion.

As of now, the total net asset value of Bitcoin Spot ETFs is $147.02 billion, accounting for 6.46% of Bitcoin's total market value, with a cumulative total net inflow of $54.02 billion.

On the same day, the Ethereum Spot ETF also experienced a net outflow of nearly $240 million yesterday, recording four consecutive days of capital net outflow, with the daily net outflow amount ranking third in history.

Among them, BlackRock's Ethereum Spot ETF ETHA, with $258 million, was the only Ethereum ETF with a net outflow yesterday, currently accumulating a net inflow of $11.81 billion;

While Grayscale's Ethereum Trust ETF ETH and Fidelity's FETH recorded net outflows of $9 million and $8.64 million yesterday, respectively.

As of now, the total net asset value of Ethereum Spot ETFs is $26.86 billion, accounting for 5.11% of Ethereum's total market value, with a cumulative total net inflow of $11.8 billion.

#比特币ETF #以太坊ETF

BTC and ETH Spot ETFs Experience Continuous 3-Day Capital Outflow, Accumulated Net Outflow Reached $945 Million Yesterday

On August 20, according to Farside data, the U.S. Bitcoin Spot ETF saw a net outflow of $523 million yesterday, marking three consecutive days of capital outflow.

Among them, Fidelity Bitcoin Spot ETF FBTC topped the daily net outflow list with nearly $247 million;

followed by Grayscale Bitcoin Trust ETF GBTC, which recorded a near $116 million net outflow in a single day;

next were Bitwise's BITB and Ark & 21 Shares' ARKB, with daily net outflows of $86.8 million and $63.3 million respectively;

while Grayscale's Bitcoin Mini Trust ETF BTC and Franklin's EZBC saw net outflows of $7.5 million and $3.3 million respectively yesterday.

On the same day, the Ethereum Spot ETF experienced a net outflow of $422 million, also marking three consecutive days of capital outflow.

Among them, Fidelity Ethereum Spot ETF FETH led the daily net outflow list with $156 million;

followed by Grayscale's Ethereum Trust ETF ETHE and its Mini Trust ETF ETH, with daily net outflows of $122 million and $88.5 million respectively;

while Bitwise's ETHW, BlackRock's ETHA, Franklin's EZET, and VanEck's ETHV recorded net outflows of $39.8 million, $6.3 million, $6.3 million, and $3 million respectively in a single day.

In summary, despite the continuous 3-day capital outflow from Bitcoin and Ethereum Spot ETFs, it may indicate short-term uncertainty in the market. However, analysts believe this is more likely a short-term profit-taking by institutions rather than a trend reversal.

Historically, similar scales of capital outflow are often accompanied by short-term market adjustments, but long-term investors generally view such pullbacks as opportunities for positioning.

Moreover, despite the outflow, the total assets under management of U.S. cryptocurrency ETFs remain at a high level.

At the same time, as the Federal Reserve's meeting in September approaches and regulatory policies become clearer, institutional funds may be reassessing the value of crypto asset allocation.

What are your thoughts on this? Do you think this is a signal for market adjustment or a good opportunity to enter the market? Leave your opinions in the comments!

#比特币ETF #以太坊ETF

#加密市场回调 Institutions and Analysts' Opinion Summary
Large media Barron’s pointed out that the recent correction of #比特币 and #以太坊 was mainly due to weakened expectations for a Federal Reserve interest rate cut and the Treasury Department's statement not to expand Bitcoin reserves, which dampened market risk appetite.

The Economic Times of India believes that $BTC 's decline of nearly 4% reflects that the market is in a 'consolidation phase', with investors seemingly digesting macro pressures and waiting for a new trend direction.
Analyst Benjamin Cowen expects Bitcoin to retest its bull market support range in September, with the current adjustment likely to last 2–4 weeks.

Cointelegraph pointed out that some buying power is shifting from Bitcoin to Ethereum and other altcoins, which may indicate weak buying for Bitcoin while the token market is set for rotation.

Benzinga reports that spot #以太坊ETF saw net inflows exceeding $639 million, with #比特币ETF also recording net inflows, and a large buy wall forming support around $117K. Analysts say this correction is just a 'short-term breather' and not a trend reversal.

Ethereum Positioning and Future Expectations

CryptoQuant analyst Crypto Dan warned that ETH may face short-term corrections after a rapid rise, but the long-term trend remains optimistic.

vTrader quoted analysts stating that Ethereum has strong demand support and is expected to challenge $5,000 in August.

IndiaTimes pointed out that Ethereum has performed exceptionally well recently, with a bullish technical outlook; some even predict its long-term price could surge towards $8,000, especially driven by new projects like Remittix.

Market Sentiment and Cycle Outlook

Miles Deutscher believes that we are currently in the 'final stage' of the bull market cycle, where typically 80% of returns are concentrated in the final 20% phase, suggesting there is still significant structural space.

Community analyst Leshka.eth stated on X that August could become the peak window of this bull market cycle, aligning with market psychology cycle node layouts.

Investment Giants and Macroeconomic Support

Tom Lee believes that U.S. stocks will continue to V-shaped rebound, reflecting market resilience, with high expectations for an interest rate cut in September. He is optimistic about $ETH 's long-term opportunities, predicting a breakthrough of $10,000 by the end of the year.
Business Insider reported that Ethereum has risen 54% stronger than Bitcoin, mainly due to breakthroughs in stablecoin regulations (GENIUS Act) and institutional ETF inflows.

💸 Over the past three weeks, Bitcoin ETF has seen outflows exceeding $3.6 billion, with BTC dropping below $83,000! 📉

In the past three weeks, the U.S. spot Bitcoin ETF market has experienced large-scale capital outflows totaling over $3.6 billion! In the 12 trading days since February 10, there was only one day with an inflow of $66.2 million, while the rest of the time saw frantic withdrawals.

On February 25, the Bitcoin spot ETF market recorded the largest single-day outflow in history, with outflows reaching $1.138 billion! Among them, Fidelity's FBTC topped the list with an outflow of $344.7 million, followed closely by BlackRock's IBIT with $164.4 million.

In comparison, Grayscale's Bitcoin Trust ETF BTC also saw an outflow of $85.8 million on the same day. In contrast, VanEck's HODL had the lowest outflow of only $10 million.

Even more astonishing is that IBIT set a new single-day outflow record of $418 million on February 26, breaking the previous record of maximum outflow from January 2. Ark Invest's ARKB and CoinShares Valkyrie's BRRR also saw outflows of $126 million and $100 million, respectively.

As the ETF outflows intensified, the market price of Bitcoin was also impacted, falling below $83,000 for the first time in over three months. Although BTC slightly rebounded from an intraday drop of over 8% this week, as of the time of writing, the price still hovers around $82,500.

In summary, these outflows reflect investors' uncertainty about the current market, especially in light of significant negative volatility in Bitcoin prices. Whether the market can regain confidence in the coming weeks will determine if Bitcoin continues to decline or experiences a rebound.

💬 What do you think? Are the outflows from Bitcoin ETFs a signal of market adjustment, or a new opportunity for long-term value investment? Would you choose to buy the dip or continue to wait and see? Leave your thoughts in the comments!

#比特币ETF #资金流出 #BTC #加密货币 #市场分析

🔥Big Bitcoin Spot ETF Fund Flow Revealed👏

Dear ones🙇, last week the Bitcoin spot ETF market was bustling with activity. Although there was an overall net outflow of 388 million USD, Fidelity's FBTC saw a strong inflow of 275 million USD, ranking first, while ARKB also had a net inflow of 202 million USD, and Grayscale's GBTC experienced a net outflow of 167 million USD.

Currently, the total net asset value of Bitcoin spot ETFs has reached 111.46 billion USD, accounting for 5.72%, with a cumulative net inflow of 35.91 billion. This market feels like a roller coaster ride🎢, who can seize the next wave of wealth🎊? What changes await us in 2025?🧐 #比特币ETF #加密市场

🔚 The US Bitcoin spot ETF had a net inflow of $171 million in a single day, while the Ethereum spot ETF showed no net inflow/outflow

On February 8, according to the latest data from SoSoValue, the Bitcoin spot ETF saw a net inflow of over $171 million yesterday. Among them, Ark Invest & 21Shares' Bitcoin ETF ARKB led the way with a net inflow of $59.04 million in a single day; closely followed by Fidelity's Bitcoin ETF FBTC, with a net inflow of $52.47 million;

BlackRock's Bitcoin ETF IBIT and VanEck's Bitcoin ETF HODL achieved net inflows of $21.87 million and $21.76 million, respectively, in a single day; while Bitwise's ETF BITB and Franklin's ETF EZBC achieved net inflows of $10.47 million and $5.57 million, respectively;

In addition, Grayscale's GBTC and its Bitcoin Mini Trust ETF BTC showed no movement of funds.

Currently, the total net asset value of Bitcoin spot ETFs is $113.09 billion, accounting for 5.96% of the total market capitalization of Bitcoin, with a historical cumulative net inflow of $40.7 billion.

Meanwhile, the US Ethereum spot ETF, after achieving net inflows for six consecutive days, showed no net inflow or outflow of funds yesterday.

It is worth noting that Grayscale's Ethereum Trust ETF ETHE and Ethereum Mini Trust ETF ETH also showed no movement of funds, but maintained cumulative net outflows of $3.93 billion and cumulative total net inflows of $612 million, respectively.

Currently, the total net asset value of Ethereum spot ETFs is $9.88 billion, accounting for 3.17% of the total market capitalization of Ethereum, with a historical cumulative net inflow of $3.18 billion.

As of this week, the Bitcoin spot ETF achieved a total weekly net inflow of nearly $204 million, while the Ethereum spot ETF reached a total weekly net inflow of nearly $420 million. This sustained inflow of funds indicates that, despite market volatility, investors remain optimistic about the long-term growth potential of cryptocurrencies.

💬 Are you also full of expectations for the future of cryptocurrencies? Or do you have unique insights and predictions? Leave a comment in the discussion section!

#比特币ETF #以太坊ETF #加密货币投资

Personally, I think the bull market may not be halfway through yet. If the Ethereum ETF passes, it will be a big deal. Institutional entry is inevitable, which will prolong the bull market cycle and reduce volatility, because institutions will rebalance their assets. It is reasonable for institutions to wait and see after the Bitcoin spot ETF passes, because there are various restrictions and unfamiliar problems. ETFs give institutions familiar tools. Institutional entry methods include ETFs, primary and secondary funds, etc. There are not many institutional funds at present because of compliance requirements. When Bitcoin rises to a higher price, institutions will pay more attention. $BTC $ETH
#美国首次申领失业救济人数超出预期 #德国政府转移比特币 #非农就业数据即将公布
#比特币etf #ETHETF
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😲 Bitcoin ETF saw intensified capital outflows yesterday, while Ethereum ETF experienced net inflows for six consecutive days.

On February 7, according to SoSoValue data, the U.S. Bitcoin spot ETF faced capital outflows, with total net outflows reaching as high as $140 million yesterday.

Among them, Fidelity's Bitcoin ETF had a net outflow of $103 million in a single day, bringing its cumulative net inflow to $21.91 billion; Grayscale's Bitcoin ETF GBTC saw a single-day net outflow of $42.21 million, resulting in a staggering total net outflow of $21.906 billion. However, Grayscale's Bitcoin Mini Trust ETF BTC saw a contrary net inflow of $5.15 million, accumulating a total net inflow of $1.24 billion.

As of now, the total net asset value of Bitcoin spot ETFs has reached $113.51 billion, accounting for 5.91% of the total Bitcoin market, with a historical total net inflow of $40.53 billion.

On the same day, the U.S. Ethereum spot ETF showed a different picture, with a single-day total net inflow of $10.65 million, achieving six consecutive days of capital net inflows!

Among them, BlackRock's Ethereum ETF had a single-day net inflow of $10.65 million, bringing its cumulative net inflow to $4.42 billion; Grayscale's Ethereum Trust ETF ETHE and Ethereum Mini Trust ETF ETH both had a net outflow of $0.00, while ETHE's cumulative net outflow reached $3.93 billion.

As of now, the total net asset value of Ethereum spot ETFs is $10.29 billion, accounting for 3.14% of the Ethereum market value, with a cumulative total net inflow of $3.18 billion.

In summary, yesterday's ETF market capital flow indicates that despite small inflows into the Ethereum ETF, the overall performance of the spot market still appears weak. This seems to reflect that many investors are fearful due to the recent sharp decline and are stuck in a pessimistic mood, thus holding a cautious attitude toward whether the market can rebound quickly.

However, this unpredictable and uncertain capital flow is precisely what makes the market intriguing! The coming days will be crucial for Bitcoin to stop the outflow trend and for Ethereum to continue its capital-raising momentum!

#cfx announced the layout of Hong Kong concept coins. The triangle oscillation is good, it is near the end, and a breakthrough can also be seen to establish a breakthrough pivot. At present, if the main force breaks through the increase of at least 20-50%, according to the previous two main pulls, they will violently pull 50%+.
If the U.S. side passes #比特币etf , I believe Hong Kong will also come up with many favorable policies. That will be the time when the Hong Kong concept takes off again, and now we are laying out an ambush.

Yesterday, the total net outflow of Bitcoin spot ETFs was $96.1425 million, but the trading volume of Bitcoin ETFs yesterday was $2.95 billion. Such a large trading volume, yet so little outflow! Simply put, many retail investors are chasing highs, while institutions are rotating their positions.

#比特币ETF
Not correcting now is to allow you to buy when they are offloading; not rebounding earlier was to let you sell when they are accumulating.