On Tuesday, #Bitcoin market volatility increased ETF net inflows! Market confidence in funding increased!
Tuesday's ETF data was released, with a single-day net inflow of 66.2 million, about twice Monday's figure, and a continuous net inflow for 9 trading days, indicating a good data status.
Among them, IBIT and ARKB are the main net inflow channels, BITB had a small net outflow. The market's net inflow does not overly rely on the single IBIT channel, indicating that optimistic sentiment is gradually spreading. Returning to yesterday's market volatility, this ETF data is indeed good.
Regarding crypto market data, only two data points need attention: trading volume or capital flow.
Compared to yesterday's sharp decline in trading volume, the market volatility did not release more selling pressure turnover; under volatility, market sentiment is relatively stable.
Total funds decreased by 900 million, including a net outflow of 47 million USDT and 377 million USDC, still maintaining an overall net outflow.
Currently, ETF data looks better compared to crypto market data. The data also shows that the two represent different traders with different data flows. Crypto funds are more speculative, choosing to sell and exit in the short term, while ETFs are favored by more stable traders who choose to continue betting.
This means short-term volatility risk remains significant, but the trend still has some optimism, which aligns with the current mainstream market expectations. Going forward, continue to watch whether ETF net inflows continue to expand. It would be better if single-day capital inflows return to the 100-300 million range.
#BTC现货ETF周流入创近一年新高
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
