[Afternoon News Briefing] BTC·ETH Spot ETF Large Net Inflow, Bitcoin 10th Consecutive Trading Day Rising, etc.

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BTC Spot ETF Sees 479 Million Won Net Inflow...10 Consecutive Trading Days

On the 23rd (local time), Trader T reported that $350.48 million (479 billion won) was net inflows into the US Bitcoin spot ETF. This marks 10 consecutive trading days of net inflows. BlackRock IBIT saw $217.65 million net inflow, Fidelity FBTC saw $105.66 million net inflow, while Grayscale GBTC experienced $5.69 million net outflow.

ETH Spot ETF Switches to Net Inflow...137.6 Billion Won

On June 23rd (local time), Trader T reported that $100.73 million (137.6 billion won) was net inflows into the US Ethereum (ETH) spot ETF. This switched back to net inflows just a day after net outflows. BlackRock ETHA saw $25.79 million net inflow, Fidelity FETH saw $60.48 million net inflow, while Grayscale ETHE and ETH saw $9.01 million and $5.45 million net inflows respectively.

[The rest of the translation follows the same professional and accurate approach, maintaining the specific cryptocurrency and technical terms as instructed.]

According to foreign media, Israeli military authorities stated that "Iran has been identified as launching missiles towards Israel".

Altcoin Season Index 20...Up 6 points from previous day

The 'Altcoin Season Index' from the comprehensive virtual asset information platform CoinMarketCap rose 6 points from the previous day to 20. The Altcoin Season Index is determined by comparing the price fluctuations between the top 100 coins by market capitalization (excluding stablecoin and wrapped coins) and Bitcoin. If 75% of the top 100 coins have a higher growth rate than Bitcoin over the past 90 days, it is considered the Altcoin Season; otherwise, it is considered the Bitcoin Season. The closer to 100, the more it is seen as the Altcoin Season.

Crypto 'Fear and Greed Index' 65...Neutral→Greed

The self-calculated 'Fear and Greed Index' from cryptocurrency data provider Alternative rose 18 points from the previous day to 65. As investor sentiment improved, it transitioned from the neutral stage to the greed stage. The index indicates extreme market fear when closer to 0 and extreme optimism when closer to 100. The Fear and Greed Index is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin market cap proportion (10%), and Google search volume (10%).

Coin News Market Briefing on June 24th

As of 9 AM on June 24th, Bitcoin is trading at $105,333, up 4.33%. Among the TOP 100 coins by market capitalization, the TOP 3 24-hour gainers are VIRTUAL (+24.20%), Sei (+23.11%), and WIF (+21.38%).

BTC Surpasses $106,000

According to Coin News market monitoring, BTC has surpassed $106,000. On the Binance USDT market, BTC is trading at $106,036.85.

BTC Surpasses $105,000

According to Coin News market monitoring, BTC has surpassed $105,000. On the Binance USDT market, BTC is trading at $105,024.58.

BTC Below $105,000

According to Coin News market monitoring, BTC is below $105,000. On the Binance USDT market, BTC is trading at $104,945.58.

BTC Surpasses $104,000

According to Coin News market monitoring, BTC has surpassed $104,000. On the Binance USDT market, BTC is trading at $104,023.67.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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