Traded in the USA Spot Bitcoin $105,926.72 ETF‘s yesterday with a net output of 358.6 million dollars, the 10 -day entrance series ended. ETFs on the day of March since the mid -March of the hardest money output was recorded. Only Blackrock’s Admiral Product IBIT125 million dollars of fresh capital attracted. The total ETF transaction volume increased to 5.39 billion dollars.
Details of the large output of $ 358.6 million in ETFs
Fidelity’s first ETF to paint the table in red FBTC It was the fund. Grayscale, which has a $ 107.53 million output GBTC followed the product. High Fund Management Wage Old Giant Thus, so since the beginning of the year, the second largest output. Under partnership of Ark and 21shares ARKB89.22 million dollars from Bitwise BITB‘s 70.85 million dollars output. Vaneck, Valkyrie, Invesco and Franklin Templeton’s funds were also double -digit outputs. In summary, there was money out of each ETF, except IBIT’s modest entrance.
All spot consisting of 12 products Bitcoin The ETF universe collected 4.26 billion dollars accelerated with a 10 -day rally rally. Cumulative net entrance, which reached 45.34 billion dollars on Wednesday evening, fell to 44.99 billion dollars at the closing of Thursday. Nevertheless, IBIT has managed to add $ 4.09 billion to portfolio, representing 96 percent of the 10 -day series.
Analysts say that despite the increase in liquidity, the profit purchases in the market come to the fore in the market, especially the major investors want to put their gains on their safes.
Remarkable decomposition between Bitcoin and Ethereum
Bitcoin, which started the day wavy, went down to 106 thousand 204 dollars with a 1.38 percent decrease with the money output in ETFs. Although the decline remains relatively humble, the courage of short -term investors under the psychological 110 thousand dollars threshold. On the other hand, the high trading volume of $ 5.39 billion in Spot ETFs indicates that there is a position adjustment, not capitulation yet. Some market observers argue that this last largest output, which has been seen since the harsh sale on March 11, can be read as olma breathing rather than wearing ”.
On the other hand, the interesting picture in the ETF market Spot Ethereum 
$2,624.88 ETFNine -day net entrance series, which lasted in a row in a row, continued yesterday. ETFs for Ethereum withdrew $ 91.93 million yesterday. Nevertheless EthereumThe price of 3.3 percent decreased to 2 thousand 639 dollars and drew a more fragile image than Bitcoin.
This decomposition in the fund flows to the ETFs shows that according to some strategists, investors seek diversification while at the same time they care about short -term price movements. Investors continue to determine the direction by looking at the macro view rather than the registered money flow.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
