BREAKING

Bitcoin Spot ETFs Hit Historic $72.5 Billion in Net Asset Value with Record Inflows

BTC

BTC/USDT

$64,500.00
-0.96%
24h Volume

$13,926,543,854.42

24h H/L

$65,194.72 / $63,838.28

Change: $1,356.44 (2.12%)

Long/Short
59.8%
Long: 59.8%Short: 40.2%
Funding Rate

+0.0030%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$64,733.99

-0.03%

Volume (24h): -

Resistance Levels
Resistance 3$69,289.38
Resistance 2$67,156.32
Resistance 1$65,600.00
Price$64,733.99
Support 1$64,294.19
Support 2$62,247.07
Support 3$59,523.86
Pivot (PP):$64,947.09
Trend:Sideways
RSI (14):55.0

COINOTAG reported on October 30 that, according to SoSoValue data, the total net asset value of Bitcoin spot ETFs reached a significant US$72.545 billion. This milestone is noteworthy as the ETF net asset ratio, which measures the market value relative to the entire market capitalization of Bitcoin, has surpassed 5% for the first time, currently standing at 5.07%. Additionally, on October 29, Bitcoin spot ETFs experienced a net inflow of US$870 million, marking the third-largest single-day influx in history. Historically, the highest recorded inflow occurred on March 12, amounting to US$1.05 billion, while the second-highest was noted on June 4 with US$887 million. These trends indicate growing investor confidence in the Bitcoin ETF market, further solidifying its position in the financial landscape.

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