Bitcoin ETF, inflow of 3.28 trillion KRW... the largest scale in 3 weeks

US Bitcoin Spot ETF experiences approximately 328 billion KRW in daily capital inflow, marking the largest single-day net inflow in nearly three weeks. This strong capital flow aligns with the overall rebound trend of the cryptocurrency market, reigniting institutional investors’ expectations.

On December 10th local time, multiple Bitcoin ETFs in the US recorded a total net inflow of $223.5 million (about 328 billion KRW). According to data provider Farside Investors, this is the highest in the past month. This reversal is the first after a large-scale fund outflow from the ETF market earlier this month. On December 4th, about $195 million (approximately 2,869 billion KRW) flowed out, indicating market unease.

Notably, the capital inflow on that day was mainly concentrated in two asset management firms: BlackRock and Fidelity. BlackRock’s iShares Bitcoin Trust (IBIT) attracted $192.9 million (about 2,827 billion KRW) in a single day, followed by Fidelity’s FBTC with inflows of $30.6 million (about 450 billion KRW). The combined data of these two firms almost accounted for all the net inflow that day, which is noteworthy. Most other ETFs saw little to no capital movement.

Regarding BlackRock, despite recent signs of some sell-offs, its strong capital attraction continues. Continuous institutional inflows are interpreted as a sign of restored confidence in the overall Bitcoin market.

The robust capital inflow trend also coincides with the upward momentum of Bitcoin’s price. Bitcoin has now recovered the important psychological resistance level of $90,000, and experts are cautiously assessing the short-term possibility of breaking through $100,000. The ETF net inflow is seen as clear evidence that investors are betting on a market rebound.

Whether this single-day influx is a short-term phenomenon or a signal for an end-of-year rally remains to be further observed. However, the movement of institutional investors remains the most critical variable in the Bitcoin market.

Article summary by TokenPost.ai

🔎 Market interpretation

The Bitcoin ETF market has experienced the largest capital inflow in three weeks, indicating a revival of institutional investment sentiment. This aligns with the overall recovery of the cryptocurrency market and is interpreted as a positive sign.

💡 Strategy highlights

ETF capital flow is a core indicator of the medium-term direction of the Bitcoin market. The focus on inflows from BlackRock and Fidelity shows the expanding influence of major asset management firms.

📘 Terminology explanation

Spot ETF: An ETF that holds the underlying assets physically, directly purchasing and storing Bitcoin to track its price.

Net inflow: The net fund flow in investment products like ETFs, calculated as the total inflow minus the outflow of funds.

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