Supported by strong capital inflows in the first three days of the week, net inflows into the ten BTC spot ETFs this week reached $2.575 billion.
This is the week with the highest net inflows of funds since the launch of the BTC spot ETF, and as a result, the price of BTC exceeded $69,000 this week, setting a new all-time high.
Currently, the price of BTC is hovering around $69,000. Whether the price of BTC can continue to break through may depend on whether the BTC spot ETF can continue to maintain strong capital inflows next week.
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On 3/15, ten BTC spot ETFs had a net inflow of $198.88M, corresponding to a net inflow of approximately 2,887 BTC into the ETF custody address after the US stock market opens next Monday (3/18):
◎ Outflow: Grayscale (GBTC) outflow of approximately 2,025 BTC (corresponding to capital outflow of $139.42M on 3/15);
◎ Inflow: The remaining nine ETFs have an inflow of approximately 4,912 BTC (corresponding to an inflow of $338.3M on 3/15). The main movers were BlackRock (IBIT) and Fidelity (FBTC), which saw inflows of 4,291 BTC ($295.45M).
The ten BTC spot ETFs currently hold a total of BTC: 833,806 BTC ($57.41B).
