BREAKING

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

BTC

BTC/USDT

$67,179.58
+4.93%
24h Volume

$20,830,430,974.45

24h H/L

$67,292.15 / $63,678.83

Change: $3,613.32 (5.67%)

Long/Short
59.3%
Long: 59.3%Short: 40.7%
Funding Rate

-0.0003%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$66,620.00

1.33%

Volume (24h): -

Resistance Levels
Resistance 3$73,759.94
Resistance 2$70,655.88
Resistance 1$68,191.60
Price$66,620.00
Support 1$66,273.60
Support 2$64,273.78
Support 3$61,834.89
Pivot (PP):$66,307.74
Trend:Downtrend
RSI (14):44.9

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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