BREAKING
504d 2h ago

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

BTC

BTC/USDT

$75,396.16
+4.08%
24h Volume

$34,057,419,982.02

24h H/L

$76,000.00 / $72,419.28

Change: $3,580.72 (4.94%)

Long/Short
48.3%
Long: 48.3%Short: 51.7%
Funding Rate

+0.0041%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$75,396.16

0.68%

Volume (24h): -

Resistance Levels
Resistance 3$83,437.33
Resistance 2$78,962.25
Resistance 1$76,029.69
Price$75,396.16
Support 1$74,580.36
Support 2$70,920.82
Support 3$68,115.84
Pivot (PP):$75,336.78
Trend:Sideways
RSI (14):63.0

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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