This week, spot Bitcoin ETFs had a total net inflow of $635.97 million
According to on-chain analyst Yu Jin's monitoring, there was a total net inflow of $635.97 million into spot Bitcoin ETFs this week, corresponding to an increase of approximately 9,675 BTC in spot Bitcoin ETF holdings this week. In addition, the amount of BTC held by BlackRock (IBIT) is only 66,000 less than that held by Grayscale (GBTC). Based on the current trend of Grayscale reducing its holdings and BlackRock increasing its holdings, we should be able to see BlackRock (IBIT) surpassing Grayscale (GBTC) in BTC holdings in the next 2-3 weeks.
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.
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