Bloomberg Analyst: Spot Bitcoin ETF Enters "Pac-Man" Mode, BlackRock's Contribution Significant
Bloomberg Senior ETF Analyst Eric Balchunas stated on the X platform that the spot Bitcoin ETF entered "Pac-Man" mode yesterday, adding $936 million, with a weekly total reaching $1.2 billion. Notably, cash inflows were seen in 10 out of the 11 ETFs, which is a good indication of liquidity depth. Additionally, BlackRock's IBIT made a significant contribution, reflecting a strong overall performance for Bitcoin ETFs.
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.
You may also like
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%
Trending news
MoreCrypto prices
More
