BITCOINETF HAS HAD THE LARGEST INFLOW SINCE MAY, WITH PRICES EXCEEDING $69,000. DOLLAR

On Wednesday, the Bitcoin ETF received the largest single-day inflow since May, reaching about $517 million, and investors returned to the encrypted market as the Bitcoin price exceeded $69,000. Eight of the 12 spot bitcoin ETFs recorded positive inflows, of which the black-stone IBITs dominated the round with $284.7 million in inflows, followed by ARK Invest and FBTCs, with inflows of $77.7 million and $62.4 million, respectively. The inflow was the largest single-day inflow since 4 May and continued a three-day positive trend. This round of capital inflows is taking place against the backdrop of the announcement by the United States Department of the Treasury that it would double, at a minimum, the scale of liquidity support for repurchases of long-term national debt and is expected to provide greater liquidity support to the market。