On Thursday, Bitcoin Funds (ETFS) Record A total of $ 165 million of flows, according to the data provided by Sosovalue.
It should be noted that these products have now seen five consecutive days of flows. This indicates that the institutional demand is due after a series of disastrous outflows. like It was mentioned by u.todayBitcoin’s investment funds have been bleeding more than $ 6 billion in less than two months due to investors with risk assets amid global trade tensions and recession fears.
ISHARES Bitcoin Trust (IBIT) was made up of Blackrock Bitcoin Trust all the last flows, adding $ 172 million.
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Fidelity Wise Origin Bitcoin Fund (FBTC) and Grayscale Bitcoin Trust Etf (GBTC) is also green with $ 9.19 million and $ 5.22 million of flows, respectively.
Meanwhile, many investment funds in Bitcoin increased assets on Thursday, as Bitcoin ETF (BitB) was the most huge products with a total of $ 17.4 million. GBTC of Grayscale also witnessed external flows of about $ 8 million.
Meanwhile, bitcoin price is somewhat poverty. At the time of the press, the cryptocurrency changes at $ 84152 after dipping it by 2.1 % over the past 24 hours.
