Lin Chen, head of Asia Pacific commerce at Deribit, said in a post that the BTC spot ETF performed very strongly this week, with a total weekly net inflow of $1.615 billion and a net increase of about 21,230.71 BTC.
Analysis pointed out that on Monday, due to the approaching election, risk aversion gradually made investors urgently reduce their holdings of 7886.33; and on Wednesday, after Trump's election + the Federal Reserve cut interest rates by 25BP, market sentiment rose rapidly, followed by two days of net inflows of about 27,000 BTC, of which BlackRock contributed 14,600. At present, the price of BTC has approached $77,000.
Bitcoin spot ETF net inflows of $1.615 billion this week, net holdings of about 21,230.71 BTC
2024-11-10 03:17:38
Deribit asia pacific business principal lin chen posted that this week btcdesk3cryptocurrencydesktopCrypto News
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