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US Bitcoin spot ETF has a net inflow of US$4.73 billion in the past 13 trading days

US Bitcoin spot ETF has a net inflow of US$4.73 billion in the past 13 trading days

CointimeCointime2024/10/30 08:55
By:Cointime

According to Chainalysis analyst Yu Jin, as reported by Jinse Finance, the US BTC spot ETF has seen a net inflow of $4.73 billion in the past 13 trading days. The ETF has been buying an average of $363 million worth of BTC per day. With the influx of $4.73 billion in ETF funds, the price of BTC has risen from $60,500 to a high of $73,600. Meanwhile, the spot ETF inflow for ETH was only $60.87 million during the same period, which is only 1.28% of BTC.

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