Today's ETF
Bitcoin ETF has once again entered a net inflow status of over 300 million, almost entirely contributed by BlackRock!
The previous round of the Bitcoin bull market was driven by institutions like Grayscale and MicroStrategy that took the plunge.
This round is being driven by larger and more established traditional financial institutions like BlackRock and Fidelity!
But I must say, MicroStrategy has true love for BTC!
Therefore, MicroStrategy has also gained honor and profit while following the Bitcoin bull market.
In this more than a month-long upward trend, Bitcoin has increased by over 30%, while MicroStrategy has exceeded 70%+
It is like leveraged BTC!
Of course, all gains and losses come from the same source.
When the price of Bitcoin is near historical highs, if Bitcoin ETF funds can continue to maintain a net inflow status,
Then, when the short-selling forces are finally exhausted, it will also be the time for Bitcoin to create a new historical high.
However, in this process, we need to pay attention to changes in the fundamentals; the Federal Reserve's monetary policy affects the medium- and long-term cryptocurrency trends, and the flow of funds can also be very rapid.
Finally, the inflow of Ethereum ETF funds is also slowly increasing...
