#SECETF审批 Bitcoin ETF First Week Performance: Capital Inflow and Market Reaction

The total trading volume of the Bitcoin spot ETF in its first week exceeded $10 billion, but the capital flow was divergent:

BlackRock IBIT and Fidelity FBTC continued to see net inflows (over $1 billion combined).

Grayscale GBTC was sold off due to high fees (1.5%), resulting in capital outflow of over $2 billion.

Bitcoin price is under short-term pressure, but analysts believe this is a normal adjustment for profit-taking, and the long-term capital inflow trend remains unchanged. The ongoing performance of the ETF will depend on institutional allocation demand and Bitcoin price stability.