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K33 Research: Within 13 days of spot BTC ETF trading, more than 150,000 BTC were accumulated

K33 Research: Within 13 days of spot BTC ETF trading, more than 150,000 BTC were accumulated

CointimeCointime2024/01/31 06:16
By:Cointime

According to the latest data from K33 Research, more than 150,000 BTC have been accumulated in the 13 days of trading for spot BTC ETFs. According to BitMEX Research, the net inflow of these new spot ETFs is quite considerable, exceeding $1 billion just yesterday. According to IntoTheBlock's data, the surge in fund inflows marks a significant shift in market dynamics, with the market share of GBTC, which used to dominate, shrinking to 36%. This drop is in sharp contrast to the peak of 63.9% reached on January 17th.

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