After weeks of net flows, the sales boxes (ETFS) finally ended in the United States, which led to an increase in the markets in the market with a strong flow of $ 744.4 million in eight weeks. Meanwhile, Ethereum Etfs continues to struggle, which represents its fourth consecutive week of external flows.
Bitcoin collapses 5 weeks of external flow
According to Sosovalue, the investment funds traded in Bitcoin were registered Net flows of 744.4 million dollars Last week, the highest of nearly two months. This flow comes at a time when investors are optimistic about the market recovery
The leadership of the ISHARES Bitcoin Trust (IBIT), which amounted to $ 537.5 million, was followed by the wise Bitcoin Fund in Fidelity (FBTC) with $ 136.5 million. This came after the volatile February, when more than $ 5 billion was withdrawn from the circulating investment funds.
Many big investors sold their property because the market is unstable and that economic expectations are not clear. Earlier this year, Bitcoin’s Investment Funds recorded record flows, amounting to $ 1.96 billion in mid -January and $ 1.76 billion in the following week. This flow helped pushing Bitcoin to the highest level ever at $ 109,000 on January 20.
However, the market correction later pulled the BTC to a range of $ 78,000. Now, with new flows, Bitcoin has I wore to $ 8,7343It indicates the renewal of the investor’s confidence.
Etherum Etfs continues to struggle
While Bitcoin’s investment funds suffer from a strong recovery, ETHEREUM money is still under pressure. Last week, ethe etfs saw a network External flows 102.89 million dollarsExtending the loss chain to four weeks. The most difficult ishaares ethereum Trust from Blackrock, where it recorded the most difficult, as it recorded $ 74 million in external flows.
Despite these conflicts, there is a positive note of Ethereum. Blackrock’s Buidl Fund, which focuses on the assets of the distinctive real world, holds a record of $ 1.15 billion, an increase of 990 million dollars just one week ago. This indicates that the institutional interest in Ethereum’s long -term capabilities is still strong.
Although the external flow continues, Ethereum Price recorded an external flow of about 10 % of the most difficult external flow.
