Data: The net inflow of the US spot Bitcoin ETF has exceeded 1 billion dollars in the past three days

ChainCatcher message, according to tracking data from Farside Investors and Coinglass, on Tuesday, the cumulative net inflow of 11 U.S. spot Bitcoin funds reached $422.5 million, the highest single-day net inflow since June 5, continuing a seven-day upward trend. In just the past three days, these funds have attracted over $1 billion in total.

Data shows that since hitting a low near $53,500 on July 5, BTC has surged 23% to $65,800. In addition to ETF inflows, the price rebound may also be related to the easing of selling pressure in Saxony, Germany, the significantly increased likelihood of pro-cryptocurrency Republican candidate Donald Trump winning the U.S. presidential election on November 4, and Trump's decision to appoint BTC holder and Ohio Republican Senator J.D. Vance as vice president.