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This week, Bitcoin spot ETFs increased their holdings by 26,861.87 BTC, with BlackRock IBIT accounting for 72.3%

This week, Bitcoin spot ETFs increased their holdings by 26,861.87 BTC, with BlackRock IBIT accounting for 72.3%

CointimeCointime2024/11/24 02:44
By:Cointime

 Deribit's Asia-Pacific business leader Lin Chen stated in a post on X that BTC ETFs performed strongly this week, with a net inflow of 3.335 billion US dollars and a net increase of 26,861.87 BTC.

Among them, BlackRock's iShares continued to lead the way in holdings, absorbing 19,972.17 BTC in a single week, accounting for 72.3% of the total increase. Except for small outflows from Grayscale on Thursday and Friday, all other institutions maintained a net inflow. Analysis pointed out that the market sentiment this week was mainly centered around the narrative related to MSTR, and the greed index is currently at 80, with purchasing power still strong.

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