Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
K33 Research: Within 13 days of spot BTC ETF trading, more than 150,000 BTC were accumulated

K33 Research: Within 13 days of spot BTC ETF trading, more than 150,000 BTC were accumulated

CointimeCointime2024/01/31 06:16
By:Cointime

According to the latest data from K33 Research, more than 150,000 BTC have been accumulated in the 13 days of trading for spot BTC ETFs. According to BitMEX Research, the net inflow of these new spot ETFs is quite considerable, exceeding $1 billion just yesterday. According to IntoTheBlock's data, the surge in fund inflows marks a significant shift in market dynamics, with the market share of GBTC, which used to dominate, shrinking to 36%. This drop is in sharp contrast to the peak of 63.9% reached on January 17th.

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

You may also like

Bitget x BTW Carnival: Grab a share of 33,000,000 BTW!

Bitget Announcement2026/03/04 08:00

Bitget lists TSMUSDT, WMTUSDT, COSTUSDT stock perps

Bitget Announcement2026/03/02 09:45

CandyBomb x ROBO: Trade or refer to share 3,002,000 ROBO

Bitget Announcement2026/03/02 04:00

CandyBomb x ROBO: Trade futures to share 340,000 ROBO!

Bitget Announcement2026/02/28 10:00