Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
This week, the net increase in Bitcoin spot ETF holdings was 26,861.87 BTC, with BlackRock's IBIT accounting for 72.3% of it

This week, the net increase in Bitcoin spot ETF holdings was 26,861.87 BTC, with BlackRock's IBIT accounting for 72.3% of it

Bitget2024/11/24 02:59

Deribit's Head of Asia Pacific Business, Lin Chen, posted on X stating that the BTC ETF performed strongly this week, all in a net inflow state, with a total net inflow of 3.335 billion US dollars and a net increase of 26,861.87 BTC.

Among them, BlackRock's IBIT continued to lead the increase, absorbing 19,972.17 BTC in a single week, accounting for 72.3% of the total increase. Except for Grayscale's slight outflows on Thursday and Friday, all other institutions maintained a net inflow. The analysis points out that this week's market sentiment is basically centered around MSTR's related narrative; currently the greed index is at 80 indicating strong purchasing power.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!