This week, the Bitcoin Spot ETF increased its net holdings by 26,861.87 BTC, with BlackRock IBIT accounting for 72.3%.
Lin Chen, head of Asia Pacific commerce at Deribit, said in a post that BTC ETFs performed strongly this week, both of which were net inflows, with a cumulative net inflow of 3.335 billion US dollars and a net increase of 26,861.87 BTC.
Among them, BlackRock IBIT continued to lead the increase in holdings, absorbing 19972.17 BTC in a single week, accounting for 72.3% of the total increase in holdings. Except for the small outflow of grey release on Thursday and Friday, the rest of the institutions maintained net inflows. The analysis pointed out that this week's market sentiment basically revolves around the relevant narrative of MSTR. The current greed index is 80, and the purchasing power is still strong.