The American Spot Bit Coin Exchange Trade Funds (ETF) continued its strong “upbring” performance in weekly influys with 71 2.71 billion, which identified another strong week for institutional demand.
According to Sosolio data, the total assets under BitCoin ETF climbed $ 158.96 billion on Friday, representing about 7 % of BitCoin’s total market capitalization.
“The capital flows into the BTC because the digital gold penalty is doubled, because the market is now becoming a market,” said Vincent Liu, Chief Investment Officer of the Cronnus Research Company Chrones Research.
The best day of the week for Spot Bit Coin ETFS arrived on Monday, when the funds recorded a net arrival of $ 1.21 billion, which was the second largest single day arrival only after the first time they started. On Tuesday, the funds also saw a tremendous arrival of $ 875.61 million.
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Bitcoin Etfs Million View 4.5 Million Emit
On Friday, Bitcoin ETFS confirmed President Donald Trump that he was watching Million 4.5 million net emissions between market shocks after imposing 100 % tariffs on imports from China.
Black Arc’s IBT led the market with $ 74.2 million and a total of $ 65.26 billion. However, the Federation’s FBTC and Grace Scale’s GBTC recorded $ 10.18 million and $ 19.21 million, respectively.
“Trump’s tariff threat policy axis looks more like a negotiation than the classic pressure game, Liu said. He added, “The markets can turn short -term, but the smart mini knows the game: macro noise, there is no change in punishment.”
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“Optoba” ETF Rush sparks between 31 files
Over the past two months, 31 crypto ETF applications have been submitted to the US Securities and Exchange Commission (SEC), of which in just eight days of October 21.
Analysts describe this moment as the potential opening of the “Flood Way” for Crypto ETF. Bloomberg’s James Sfart noted that by the end of August, about 100 crypto -related products are waiting for SEC decisions.
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