The US BTC and ETH Spot ETF has seen a net inflow of funds for 8 consecutive days, be cautious of the pullback risk on the daily chart of the spot market.

On October 10, it was reported that according to SoSoValue, yesterday the American BTC Spot ETF recorded a net inflow of about 441 million dollars, marking the continuation of 8 days of net inflows.
Among them, the Bitcoin spot ETF IBIT from BlackRock yesterday became the largest by net inflow with 426 million dollars (3,450 BTC); currently, the total net inflow of IBIT is 64.93 billion dollars.
Secondly, the net inflow of Bitwise BITB in one day amounted to 1343 million dollars (108.73 BTC), currently the accumulated net inflow of BITB stands at 2.51 billion dollars;
and the net inflow of BTC from Grayscale amounted to 1.09 million dollars (8.85 BTC) per day, currently the total net inflow of BTC is 1.95 billion dollars;
As of today, the net asset value of the Bitcoin Spot ETF is 168 billion dollars, accounting for 6.86% of the total market capitalization of Bitcoins, with a cumulative net inflow of 62.58 billion dollars.
On the same day, the Spot ETF on Ethereum recorded a net capital inflow of nearly 6905 million dollars yesterday, also marking 8 consecutive days of net capital inflow.
Among them, the ETF ETHA from BlackRock on the Spot Ethereum received a net inflow of nearly 14,9 thousand dollars (32,970 BTC) in one day, also the only ETF on Ethereum with a net inflow yesterday, currently the net inflow of ETHA amounts to 14,53 billion dollars;
Fidelity's FETH and Grayscale's ETHE recorded a net outflow of $63.12 million ( 980 ETH) and $16.72 million ( 3700 ETH) respectively yesterday;
As of today, the net asset value of the Spot ETF on Ethereum is 311.7 billion USD, which is 5.73% of the total market capitalization of Ethereum, with a cumulative net inflow of 150.9 billion USD.
Another aspect from a technical point of view: BTC and ETH have reached the upper Bollinger band, MACD energy bars and the fast line show signs of weakening, the fast RSI line has also already crossed into the overbought zone, indicating possible signs of a reversal on the daily chart in the spot market. Investors should pay attention to the overall price trend of cryptocurrencies this week and properly manage the risks of contracts.
#比特币ETF ether ETF