Bitcoin ETFs saw a record inflow yesterday, with total net inflows reaching $1.114 billion, according to Wu Blockchain. This surge reflects growing investor confidence in the cryptocurrency market as Bitcoin (BTC) continues its upward trend.
BlackRock Leads with Record Turnover and Investment Inflows
BlackRock’s IBIT ETF led the inflow, recording a daily net inflow of $756 million and achieving a record daily turnover of $4.65 billion. This dominance highlights investor confidence in traditional financial giants entering the crypto market.

Additional Contributions from Fidelity and Other ETFs
Other ETFs also saw significant inflows. Fidelity’s FBTC ETF posted a daily net inflow of $135 million, attracting both retail and institutional investors. The cumulative total net inflow of all Bitcoin spot ETFs has reached $26.90 billion, demonstrating sustained demand for these products since their launch.
Bitcoin Spot ETFs Hold a Significant Market Share
At the time of writing, the total net assets of Bitcoin spot ETFs reached $90.60 billion, representing 5.27% of BTC’s total market capitalization. This growth underscores the increasing importance of regulated crypto investment instruments in traditional markets, offering security and accessibility to everyday investors.
Performance of Individual ETFs
Among individual ETFs, BlackRock's IBIT ETF leads with net assets totaling $39.92 billion, followed by Grayscale's GBTC ETF with $19.12 billion and Fidelity's FBTC ETF with $16.73 billion. Daily percentage gains were impressive, with IBIT up 13.46%, GBTC up 13.38%, and FBTC up 13.34%, indicating favorable market conditions and strong investor response.
Rising Institutionalization of Crypto Assets
The recent surge in inflows into Bitcoin spot ETFs may signal the beginning of a larger trend in institutional adoption of crypto assets. With Bitcoin spot ETFs continuing to draw interest, their impact on BTC’s price and role in mainstreaming crypto assets could play a pivotal role in the market's future.

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BITCOIN Will Reach $250,000 IN 2025

This is how it will happen👇

Bitcoin has always followed a 4-year crypto cycle

➜ 1 year recovery

➜ 1 year halving (the same year BTC hits a new ATH)

➜ 1 year of a full-fledged parabolic run

➜ 1 year crash (70% to 80% withdrawal)

Currently, we are halfway through the year and BTC is expected to reach a new ATH in Q4 2024.

Currently, the BTC price is mimicking the 2020-2021 cycle, so let’s see how things will play out

🚀 In a game-changing move precisely 15 years ago, the mysterious Satoshi Nakamoto dropped a bombshell that reverberates through the crypto cosmos to this day. Brace yourselves for the riveting tale of the 21 million Bitcoin supply cap - a move that left tongues wagging and crypto enthusiasts buzzing!
Unveiling the Satoshi Chronicles:
🔍 Step into the time capsule and relive the moment when Satoshi Nakamoto, the elusive creator of Bitcoin, unveiled a visionary limit on its supply. A move so audacious, it continues to shape the narrative of the entire cryptocurrency landscape.
1. 💫 The 21 Million Limit: A Masterstroke or Controversial Gamble?
Satoshi Nakamoto, shrouded in mystery, set the stage by declaring a fixed supply of 21 million Bitcoin. Was it a stroke of genius, a bold experiment, or a controversial gamble? Dive into the debates that still echo in crypto forums, questioning the implications of such a finite supply on a planet teeming with 8 billion souls.

2. 🌐 A Global Currency Puzzle: 21 Million BTC for 8 Billion People
The math doesn't add up conventionally. With 8 billion people on Earth, Satoshi's cap of 21 million Bitcoin seemed an economic conundrum. Was it a deliberate scarcity tactic or a visionary move to redefine global currency dynamics? The controversy surrounding this mathematical puzzle sparks debates even today.
3. 🤔 The Great Satoshi Enigma:
As we unravel the events of that fateful day, the questions multiply. Why did Satoshi choose 21 million? What's the hidden wisdom behind this number? Controversy looms large as the crypto community dissects the cryptic motives behind Nakamoto's enigmatic decision.
4. 🔮 A Limitless Legacy or Imminent Crypto Clash?
Fast forward to today, and the 21 million supply cap remains an unyielding pillar of Bitcoin's identity. Is it a limitless legacy that secures Bitcoin's future, or does it hint at an imminent clash between scarcity and global demand? The controversy lingers, and the crypto world awaits the unfolding chapters.
👉 Like, Share, and Follow @TokenMaestro for more Crypto Chronicles and Controversies! Your tips fuel our journey through the captivating realms of crypto history!
💰🌍 #Bitcoin #SatoshiLegacy #CryptoChronicles #BTC!💰 #BTCETFSPOT #BTC！

#BTCETFSPOT #cryptoPakistanWhat is Swing trading?Swing trading is a type of longer-term trading strategy that involves holding positions for longer than a day but typically not longer than a few weeks or a month. In some ways, swing trading sits in the middle between day trading and trend trading.Swing traders generally try to take advantage of waves of volatility that take several days or weeks to play out. Swing traders may use a combination of technical and fundamental factors to formulate their trade ideas. Naturally, fundamental changes may take a longer time to play out, and this is where fundamental analysis comes into play. Even so, chart patterns and technical indicators can also play a major part in a swing trading strategy.Swing trading might be the most convenient active trading strategy for beginners. A significant benefit of swing trading over day trading is that swing trades take longer to play out. Still, they’re short enough so that it’s not too hard to keep track of the trade.This allows traders more time to consider their decisions. In most cases, they have enough time to react to how the trade is unfolding. With swing trading, decisions can be made with less haste and more rationality. On the other hand, day trading often demands fast decisions and speedy execution, which isn’t ideal for a beginner.

The anticipation of a spot Bitcoin ETF product has triggered a revival in BTC’s price, necessitating preparation for 2 crucial scenarios that may play out ahead of potential approvals.
Read more on: https://thecryptobasic.com/2024/01/09/spot-bitcoin-etf-two-btc-price-scenarios-to-prepare-for-ahead-of-etf-approvals/
#BitcoinETF💰💰💰 #BTCETFSPOT #BitcoinPrice2024 #CryptoPredictions2024 #CryptoNewsLand