BREAKING
424d 17h ago

Bitcoin ETFs Surpass 500,000 BTC in Inflows, Capturing Over 2.5% of Circulating Supply

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

According to COINOTAG, Vetle Lunde, head of research at K33, reported on December 12 that the net inflow into the 12 US spot Bitcoin ETFs has surpassed 500,000 BTC. This remarkable inflow represents over 2.5% of the total circulating supply, which is currently estimated to be around 19.8 million BTC. The rapid adoption of these ETFs, which began trading on January 11, reflects a strong investor interest and institutional participation in the Bitcoin market. As regulatory frameworks continue to adapt, the increasing integration of spot Bitcoin ETFs could pave the way for further growth in cryptocurrency investments, emphasizing the burgeoning acceptance of digital assets in mainstream finance. This trend highlights the significance of Bitcoin ETFs in shaping investor behavior and market dynamics.

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