Bitcoin ETF Inflows Surge to $588M – Is a Major BTC Rally Coming?
The US spot Bitcoin (BTC) trading fund (ETF) cash flow on Thursday was about $ 588.22 million. Since the beginning of this week, the highest net inflow traffic has been registered on Thursday, and the publisher of the American BTC ETF has now recorded the accumulated net cash inflows since the former SEC government’s historical approval led by the former chairman Gary Gary, The amount is about 400.18 billion US dollars. Gensler.
It is worth noting that on Thursday, there was no cash BTC ETF issuer in the United States registered for net cash outflow. The net cash inflow rates of IBIT and Fidelity of BlackRock (BlackRock) were US $ 321 million and US $ 209 million in net cash inflows on Thursday. As a result, the total net assets of the US spot Bitcoin ETF were approximately US $ 1234.3 million.
Bitcoin price preparation major improvement
In the first entrance of the global central bank, Bitcoin’s overall demand is still very large. In addition to buying Bitcoin directly, some central banks have also invested in Bitcoin -related stocks, such as MicroslateGy and Metaplanet.
There are already 15 states in the United States to propose a strategic Bitcoin reserve by leaders such as Texas, Florida, Massachusetts, Ohio, and South Dakota. At the same time, the government of Donald Trump is rapidly taking action to implement national Bitcoin inventory to hedge a national debt of more than $ 35 trillion.
In the past 24 hours, gold prices have soared to the highest price of new history, and Bitcoin prices can be combined in the near future. In addition, compared with the gold of global investors, Bitcoin has been considered better value storage for a long time.