#ArizonaBTCReserve Daily Cryptocurrency Digest: BTC ETF Experienced a Large Inflow of $580 Million, and Arizona Will Create a Bitcoin Reserve.
According to Farside Investors data, a total of $580 million was received in Bitcoin ETF cash market in the U.S. yesterday. Among them, BlackRock IBIT received $960 million, which became the second-largest purchase volume in a single day since the launch of BlackRock IBIT on the network. Additionally, ARKB experienced an outflow of $226 million. Since February of this year, the BTC ETF has shown a one-sided trend of net outflows, which changed last week, and sentiment towards investments is optimistic.
Yesterday, the Fund Flow in the Ethereum ETF was $56.6 million, of which the inflow from BlackRock ETHA amounted to $60 million, while the outflow from Bitwise ETHW was $3.4 million. The one-sided trend of net outflows from the ETH ETF since February this year has also changed since last week, but the volume of funds flowing into the ETH ETF remains relatively small compared to BTC.