[BlackRock IBIT had a net inflow of US$35.5 million yesterday, and the Bitcoin spot ETF ended its 5th consecutive day of net outflows! 】🎉

Recently, according to data from farside investors, BlackRock IBIT’s net inflow reached US$35.5 million yesterday! This also means that the overall net inflow of Bitcoin spot ETF yesterday was US$15.4 million, ending the previous five consecutive days of net outflow.

This news undoubtedly brings a bit of good news to the market, let us take a look at the reasons behind this!

First, this increase in net inflows may be related to the market’s restoration of confidence in Bitcoin. After a period of adjustment, the price of Bitcoin has gradually stabilized, and market confidence has gradually recovered. This return in confidence may have led to increased investor demand for Bitcoin spot ETFs, resulting in increased net inflows.

Secondly, this increase in net inflows may also be related to the market’s long-term optimism about cryptocurrencies. Despite recent market volatility, many investors remain optimistic about the long-term development prospects of cryptocurrencies. In this case, investors may choose to increase their positions when prices are relatively low, resulting in an increase in net inflows.

Of course, this increase in net inflows may be just a temporary phenomenon in the market. In the case of large market fluctuations, investor sentiment is easily affected, and large net inflows or net outflows may occur in a short period of time. Therefore, we still need to continue to pay attention to the subsequent trends of the market in order to better grasp investment opportunities.

In short, yesterday's increase in net inflows from BlackRock IBIT undoubtedly brought a positive signal to the market. However, we still need to remain cautious and pay close attention to the subsequent market trends in order to better grasp investment opportunities.

So, what do you think of this increase in net inflows into Bitcoin spot ETFs? Welcome to express your opinions in the comment area, and let us discuss the future trend of the market together!