Early this morning (13), the Bitcoin BTC spot quotation continued the Year of the Dragon market, breaking through the US$50,000 mark, surpassing the highest price when the spot ETF passed. Late at night on the 12th, Bitcoin began to surge from around US$48,800, with huge investors After buying it, it finally pulled over $1,000 within an hour, breaking through the $50,000 mark. Previously, when Bitcoin was at $50,000, it was Christmas Day on December 25, 2021.
According to Binance data, it exceeded US$50,000 at around 1 a.m. Taiwan time and climbed to US$50,154 by the time of writing.
Grayscale GBTC single-day net outflow hits record low
On the other hand, the data shows that the net outflow of Grayscale’s GBTC on the last trading day of this week was US$51.81 million, which also set a record low for GBTC’s single-day net outflow; while the other 9 Bitcoins except Grayscale currency ETF, the total net inflow in a single day was US$592 million.
The Bitcoin spot ETF with the largest single-day net inflow is BlackRock's IBIT, with a single-day net inflow of US$250 million, accounting for 42.2% of the total single-day inflow, followed by Fidelity's FBTC, with a single-day net inflow of US$250 million. The net inflow was approximately US$188 million, accounting for 31.7% of the total inflow.
The slowdown in Grayscale's selling pressure also indirectly made the market optimistic about entering the market and taking over Bitcoin, creating a happy event that exceeded US$50,000.
