Bloomberg analyst: Bitcoin spot ETF net inflows reached $17 billion for the first time since the beginning of the year
Odaily2024/07/20 17:11
By:Odaily
Odaily News Bloomberg ETF analyst Eric Balchunas wrote on the X platform that the year-to-date net inflow of
Bitcoin spot ETFs has reached $17 billion for the first time. This is the most noteworthy number because it is the net amount unlocked by GBTC and is independent of price appreciation, basically without any gimmicks, and can only grow through net demand and adoption. And it may fall, but it is rising now.
0
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: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Asia Color
QCP Capital•2024/12/20 12:00
AVAX falls below $35
Cointime•2024/12/20 10:34
DoraHacks launches new online roadshow product BUIDL Arena
Cointime•2024/12/20 10:34
XEX will launch ACX/USDT perpetual contract at 20:00 on December 20
Cointime•2024/12/20 10:34
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$93,729.52
-8.14%
Ethereum
ETH
$3,238.65
-12.08%
Tether USDt
USDT
$0.9987
-0.08%
XRP
XRP
$2.13
-10.33%
BNB
BNB
$647.84
-7.35%
Solana
SOL
$184.24
-11.45%
Dogecoin
DOGE
$0.2883
-20.63%
USDC
USDC
$1.0000
+0.01%
Cardano
ADA
$0.8193
-15.86%
TRON
TRX
$0.2358
-10.82%
Bitget pre-market
Buy or sell coins before they are listed, including ME, TOMA, OGC, USUAL, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now