【Market Update】Don’t be fooled by $566 million: IBIT’s inflows exceeded the entire market’s net inflows.
From October 19–23, IBIT saw net inflows of $565.7 million, while the weekly total was only $301.2 million; ETH ETFs saw outflows of $220.7 million.
On the 19th, daily inflows hit $665.2 million, the highest since last October. But on the 22nd and 23rd, there were outflows of $254.1 million and $110.3 million.
One player dominating the market doesn’t mean a recovery: BlackRock is buying in while others are selling. Which side are you on?
$BTC $ETH $IBIT
#比特币ETF #贝莱德 #InstitutionalFlows
(Source: Finbold)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; proceed with caution.