CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino
BitcoinSistemi 2025-03-18 10:45:08

The Long-Awaited Signal Came From Spot Bitcoin ETFs! A First After Six Weeks!

The declines in Bitcoin and altcoins that have been going on for weeks have also been reflected in ETFs. Spot Bitcoin and Ethereum ETFs experienced record outflows. However, yesterday, for the first time, Bitcoin ETFs recorded a net inflow of $275 million, despite the outflows that have been going on for weeks. This was the largest daily inflow since February 4, while none of the twelve ETFs had net outflows. While there has been a net outflow exceeding $5 billion in the last five weeks in spot Bitcoin ETFs, the inflows seen yesterday were interpreted as a sign of a change in market sentiment. BTC Markets analyst Rachael Lucas stated that this positive change is related to the stability of the Bitcoin price and the increasing interest and confidence of institutional investors. Factors such as quarter-end portfolio rebalancing and increased demand for ETFs offering lower fees contributed to ETF inflows, Lucas said. Looking at ETF inflows, Fidelity FBTC led the way with net inflows of $127.3 million, while Ark and 21Shares ARKB saw inflows of $88.5 million. The largest spot Bitcoin ETF, BlackRock IBIT, saw $42.3 million in inflows, while Grayscale Mini Bitcoin Trust BTC and Bitwise BITB also saw smaller inflows. Against these inflows, BTCO, EZBC, BRRR, HODL, BTCW and GBTC experienced 0 net flow. In response to the positive change in Bitcoin, spot Ethereum ETFs saw a total net outflow of $7.28 million, continuing a nine-day streak of net outflows. *This is not investment advice. Continue Reading: The Long-Awaited Signal Came From Spot Bitcoin ETFs! A First After Six Weeks!

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.