Valentine’s Day was not full of love for the Bitcoin ETF market, as the new data revealed some amazing numbers. On February 14, the boxes circulated on the stock exchange of a negative net flow of 1765 BTC, which equals about 171.06 million dollars, according to Lookonchain.
Fidelity, one of the most prominent players in the market, has seen 982 BTC leave ETF Bitcoin, worth about $ 95.21 million. While the company still holds 207,542 BTC – at a value of $ 20.11 billion – these external flows raise questions. Are these temporary parameters or something more essential in playing?
This is the fourth consecutive day, which was about 650.76 million dollars of investment funds circulating in Bitcoin. As matters continue, the total cumulative net flow remains $ 40.05 billion, and the total net assets are 112.49 billion dollars in Bitcoin.
What is unknown. Market balances between good news such as Coinbase’s report with 2.27 billion dollars in revenue and 179 % growth of a quarter of a quarter of this quarter-all of which indicate an increase in the encrypted currency market and the new capital flow.
On the other hand, we suddenly have a consumer price index and a “tariff war”.
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Ethereum atfs, too, was pressing. A clear flow of 5,514 ETH, or about 14.89 million dollars was recorded, as ETHE got Grayscale the largest blow, lost 11375 ETH. As, Grayscale owns 1,304,767 ETH, at a value of $ 3.52 billion.
