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