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ETFS Bitcoin records approximately one billion dollars in flows: details

Analysis account posted on the X Social Media Spotonchain a report, and revealed the total ETF flows in Bitcoin this week.

After withdrawing money from these recently traded investment funds, investor feelings show a confident reflection with nearly one billion US dollars going to the circulating investment funds during the week.

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Blackrock maintains driving between traded investment funds

Including the flows that were calculated on March 21, the total amount of funds entering the investment funds circulated in Bitcoin since Monday is $ 785.6 million. IBIT from Blackrock attracted the largest amount of investor money – 6,342.47 BTC at a value of 535,582,902 dollars. On Friday, March 21, Ibit 1,250 BTC absorbed, equal to 105,554,875 dollars. However, taking into account external flows as well, total flows are $ 744.3 million.

According to Coinglass dataOn that day, Ibit was the only ETF to receive any flows. GBTC lost 260.15 BTC. Thus, on Friday, the cumulative flows consist of 987.12 BTC.

On March 20, Blackrock (IBIT), Fidelity (FBTC), VANECK (HODL) 1980, 105.98, and 137.08 BTC, respectively.

In general, flows occurred in many investment funds circulating in Bitcoin every day during the past week, where Blackrock has been constantly recorded the largest investment amounts.

As for Ethereum Etfs, the situation here is completely different. Total flows for -102.9 million, while external flows recorded -38.2 million dollars.

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Huge 252.5 million dollars in Bitcoin while moving

As I mentioned the famous Blockchain whale alert, which tracks the transfer of the large cryptocurrency, a huge bitcoin deal was monitored – 2,999 BTC – several hours ago.

The value of this amount of encryption was 252,505,339 dollars at the time of transportation. This encryption batch was transferred from an unknown portfolio to another. The reaction of society was mixed. Many users have responded with emerging comments, while others asked about the goal of this deal, wondering about the identities of the transmission and the receiving portfolios, which have been marked by the tagged whale as unknown.

At the time of writing this report, the world’s leading currency, Bitcoin, changed hands at $ 84,230.

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