Impact of Continuous Net Inflow of US Spot BTC ETF on Bitcoin Market

The continuous net inflow of $1.34 billion into the US spot BTC ETF over four trading days has significantly affected the Bitcoin market.

From the price trend perspective, the influx of substantial funds has increased demand for Bitcoin, driving up its price while supply remains relatively stable. In November 2024, Trump promised to support the digital asset industry, leading to a record single-day inflow of $1.38 billion into Bitcoin ETFs, causing the price of Bitcoin to rise by 1.7%, reaching $77,272 per coin, forming a feedback loop of "increased demand - rising prices - attracting more funds - further price increases."

Regarding market confidence, the sustained net inflow indicates that institutions and investors have a positive outlook on Bitcoin's prospects. This attitude greatly boosts market sentiment, instilling confidence in more investors and prompting additional funds to flow into the Bitcoin market, enhancing Bitcoin's recognition in mainstream financial markets.

From the perspective of market liquidity, the influx of funds has driven an increase in Bitcoin trading activity, leading to more frequent buying and selling, enhancing liquidity, increasing market depth, and reducing the impact of large trades on prices.

However, the Bitcoin market is also influenced by various factors such as macroeconomic conditions, regulatory policies, and market panic sentiment, so one cannot solely rely on ETF fund inflows to judge Bitcoin's price trend. #鲍威尔发言 #加密概念美股 #我的交易风格 #GENIUS稳定币法案 #美联储FOMC会议