BBX: Full analysis of IBIT fund return, FBTC duopoly pattern, and bottom judgment of Standard Chartered cycle

BBX News: Over the weekend, the net inflow of US spot Bitcoin ETFs was about 85.85 million US dollars, ending the continuous five-day net outflow trend. BlackRock IBIT alone accounted for about 57.7 million US dollars, while Fidelity FBTC contributed about 18 million US dollars. All 12 products recorded positive inflows or zero outflows on the same day. On the same day, Geoffrey Kendrick, head of digital asset research at Standard Chartered Bank, released a research report announcing that the low point of the Bitcoin cycle had been established around $59000, marking the end of the "crypto winter" and a year-end target of $100000. The concentrated release of two major signals marks a phase change in the attitude of institutional funds towards the cryptocurrency ecosystem. Core points: ——BlackRock iShares Bitcoin Trust ETF (Nasdaq: $IBIT): Net inflow of approximately $57.7 million on June 12, accounting for about two-thirds of the total inflow in the market on that day; Since its listing, the cumulative net inflow has exceeded 62 billion US dollars, with a total asset size of approximately 79.7 billion US dollars, accounting for 6.3% of the total market value of Bitcoin on the internet; On that day, all 12 products recorded positive inflow or zero outflow, which is a rare "full line floating green" trend in the tide of more than 2026. ——Fidelity Wise Origin Bitcoin Fund (Nasdaq: $FBTC): Net inflow of approximately $18 million on the same day, with a cumulative net inflow of over $10.4 billion, ranking second in the market; Together with IBIT, they held about 90% of the market share on that day, and the duopoly pattern continued to solidify, with small and medium-sized issuers remaining marginalized. ——Standard Chartered Bank (LON: $STAN): Geoffrey Kendrick, head of digital asset research, announced in a research report on June 12th that the low point of the Bitcoin cycle has been established at around $59000 (down 53% from the historical high of $126000), calling the current "crypto spring" beginning; The year-end target is maintained at $100000, and the 2030 target is maintained at $500000; The three major catalyst prerequisites: the disappearance of IPO selling pressure, the easing of geopolitical risks, and the decline in oil prices. ⚠️ Standard Chartered warned in February that BTC could fall to $50000, and this time it is a correction of stance rather than a new bullish upgrade. Source: bbx.com