600 million US dollars violent increase in positions! Bitcoin ETF is attracting money madly!!!
On May 21, the market's single-day net inflow reached 609 million US dollars, setting a new high in May! Among them, BlackRock's IBIT took the lead, attracting 531 million US dollars in a single day, accounting for more than 87%, and its cumulative net inflow has reached 46.677 billion US dollars, getting closer and closer to the "largest long position in Bitcoin".
Fidelity FBTC also made steady progress, attracting 23.52 million US dollars in a single day, and the historical cumulative net inflow reached 11.83 billion US dollars.
As of now, the total net asset value of Bitcoin spot ETF is as high as 129 billion US dollars, accounting for 6% of the total market value of BTC, and the historical net inflow has officially exceeded 43.3 billion US dollars.
This is not an ordinary "institutional bottom-fishing", but a serious "accelerated entry of funds". The continuous purchase of ETFs is gradually changing the supply and demand structure of BTC! ! !
