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10.12比特币140000美元在招手 BTC牛市何时启动?

10.12 bitcoin is waving at $140,000. When will the BTC bull market start?

Jinse Finance ·  Oct 12 14:58

Spot bitcoin and ethereum ETF broke last week's negative records, ending the current trade with a net inflow.

However, at least it can be said that the situation of the ethereum etf is once again quite disappointing.

CryptoPotato reported last weekend, after a consecutive net inflow for 8 days in 11 US spot bitcoin etfs, there was a reversal of the situation, with over 0.274 billion dollars of outflow throughout the entire week.

However, Monday started very optimistically, with 0.2352 billion dollars entering as net inflows. Fidelity's FBTC and Blackrock's IBIT took the top spots with 0.1037 billion dollars and 97.9 million dollars respectively.

Investors changed their behavior over the next three days, with a net outflow of 18.6 million dollars on Tuesday, 40.6 million dollars on Wednesday, and 81.1 million dollars on Thursday. However, the week ended with a right-footed trading week on Friday, with a net inflow of 0.2536 billion dollars. FBTC led the way with Ark Invest's ARKB following closely at 97.6 million dollars.

Therefore, the total net inflow for this week amounted to 0.3485 billion dollars. The developments on Friday coincided or possibly fueled a significant rise in BTC, as BTC peaked from a low point of 58,800 dollars on Thursday to 63,400 dollars, and then slightly fell back to the current 62,500 dollars.

This spot ethereum etf also ended the week with a slight green. Despite withdrawals of 8.1 million dollars on Tuesday and 0.1 million dollars on Friday, the 10.1 million dollar net inflow on Thursday managed to offset the losses.

However, a closer look at the totals actually confirms the previous assertion that the demand for ETH etfs is simply not there. No reportable flow on Monday and Wednesday. This aligns with earlier articles comparing the first 79 trading days of the ethereum etf to the initial few months of the bitcoin etf starting this week, confirming the view that investors have little interest in the second largest cryptocurrency.

However, the price of Ethereum has also recovered from Thursday's plunge, rising 2% this week. Currently, the asset is trading close to $2450, about $100 higher than the weekly low.

The translation is provided by third-party software.


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