BlackRock shouldered the entire inflow by itself
$IBIT’s single-day net inflow is roughly $196 million
All Bitcoin spot ETF across the whole market
add up to only about $103 million
Others combined are net outflows
It alone turned the price action green
Over the past month
$IBIT has accumulated net purchases of about $1.57 billion
accounting for more than half of the total net inflow into all spot ETFs
Its scale is around the $109 billion range
Spot $BTC is roughly 84,700
down about −2.1% in a day
the day high is still around 87,200
the low was poked around 83,900
Fear & Greed is still at 67
Institutional channels are still buying
It doesn’t mean that once above 87,000 is already fully cleared
First, look at who can hold up 84.0–85.0
If they can’t, just treat the “ETF
inflow” as background noise
#Market #BTC #ETF
$IBIT’s single-day net inflow is roughly $196 million
All Bitcoin spot ETF across the whole market
add up to only about $103 million
Others combined are net outflows
It alone turned the price action green
Over the past month
$IBIT has accumulated net purchases of about $1.57 billion
accounting for more than half of the total net inflow into all spot ETFs
Its scale is around the $109 billion range
Spot $BTC is roughly 84,700
down about −2.1% in a day
the day high is still around 87,200
the low was poked around 83,900
Fear & Greed is still at 67
Institutional channels are still buying
It doesn’t mean that once above 87,000 is already fully cleared
First, look at who can hold up 84.0–85.0
If they can’t, just treat the “ETF
inflow” as background noise
#Market #BTC #ETF
