Bitcoin spot ETF has achieved net capital inflows for three consecutive days, with a remarkable figure of 404 million USD recorded yesterday, which undoubtedly reflects the market's confidence in Bitcoin is rapidly recovering.
Continuous capital inflows usually enhance market liquidity and are likely to support further increases in Bitcoin prices. At the same time, the willingness of large funds to enter continuously may suggest that institutional investors generally believe there is a window of opportunity to allocate Bitcoin at present.
Past data shows that BlackRock's IBIT and Fidelity's FBTC are often major contributors to inflows; this time, the inflow trend over the last three days is likely similar. Subsequently, relevant segmented data can be monitored to assess the direction of major funds.