The gold-absorbing ability of #热门话题 BTC spot ETF is undoubtedly very powerful. Here are some data to illustrate:
1. BlackRock’s IBIT ETF has more than $15 billion in assets under management. This shows the market’s strong interest and investment enthusiasm for BTC spot ETFs.
2. In just eight weeks after its listing, the asset size of the BTC spot ETF exceeded US$10 billion. In contrast, GLD, the first gold ETF listed that year, took three full years to reach this scale, which shows the attractiveness and growth rate of BTC spot ETFs.
3. In recent days, the trading volume of ten BTC spot ETFs has reached US$8.5 billion, setting the second largest trading volume in the world. This shows that the market’s active trading and investment demand for BTC spot ETFs is very strong.
These data show that a large amount of funds are pouring into BTC spot ETFs, and there are a large number of OTC funds and bull market long funds in the market, as well as the stimulation of interest rate cuts. These factors will drive the price of Bitcoin ever higher, potentially taking it to staggering heights.
To sum up, BTC spot ETF has a strong ability to attract money, and the influx of funds and rising investment enthusiasm will drive the price of Bitcoin to further rise. This market is at a very favorable time, and Bitcoin is expected to experience amazing value growth in the future. #BTC现货ETF #sol