Bitcoin spot ETFs saw net inflows totaling $887 million yesterday. This was recorded as the second highest single-day net inflow in history. Following this situation, the Bitcoin price experienced a significant increase this morning, rising above the $ 71,000 level.
According to Sosovalue’s data, the Grayscale ETF GBTC received $28.19 million, the Fidelity ETF FBTC received $379 million and the BlackRock ETF IBIT received $274 million.
The total net asset value of Bitcoin spot ETFs was $61.46 billion, while cumulative net capital inflows to spot ETFs reached $14.85 billion.
Bitcoin, the largest digital asset, continues to be traded at 71 thousand dollars as of 08.30 am.
However, according to Glassnode’s market report, long-term holders holding Bitcoin for three months to three years are under increasing selling pressure. As prices rise, so does the likelihood of more selling.
