#USIranTradeTankerStrikesEscalate
Bitcoin ETFs remained with positive numbers over the past week.$BTC
@bitcoin This week, the sector of spot Bitcoin exchange-traded funds (ETFs) in the United States continued its recovery process. These products, which provide exposure to the price of the largest cryptocurrency, recorded significant capital inflows over several days during the previous week.
#BTC☀️ This positive flow coincided with a favorable performance of the BTC price for much of the week. However, as momentum waned and Bitcoin found it difficult to consolidate above $80,000, there was also a moderation in fund inflows.
$BTC
According to data from the Farside Investors portal, four of the five trading days of the week saw net positive flows. Taken together, on Monday, Wednesday, Thursday, and Friday, approximately $1.223.2 million entered these products. Meanwhile, Tuesday was the only session dominated by outflows, with net redemptions of $236.5 million.
#Bitcoin❗
As mentioned earlier, some nuances in the behavior of Bitcoin ETFs during the week deserve special attention. For example, on Friday there was a drop of close to 76% in capital inflows compared with the previous day. While on Thursday the funds received $730.8 million, on Friday the positive flow fell to $174.6 million.
Bitcoin ETFs remained with positive numbers over the past week.$BTC
@bitcoin This week, the sector of spot Bitcoin exchange-traded funds (ETFs) in the United States continued its recovery process. These products, which provide exposure to the price of the largest cryptocurrency, recorded significant capital inflows over several days during the previous week.
#BTC☀️ This positive flow coincided with a favorable performance of the BTC price for much of the week. However, as momentum waned and Bitcoin found it difficult to consolidate above $80,000, there was also a moderation in fund inflows.
$BTC
According to data from the Farside Investors portal, four of the five trading days of the week saw net positive flows. Taken together, on Monday, Wednesday, Thursday, and Friday, approximately $1.223.2 million entered these products. Meanwhile, Tuesday was the only session dominated by outflows, with net redemptions of $236.5 million.
#Bitcoin❗
As mentioned earlier, some nuances in the behavior of Bitcoin ETFs during the week deserve special attention. For example, on Friday there was a drop of close to 76% in capital inflows compared with the previous day. While on Thursday the funds received $730.8 million, on Friday the positive flow fell to $174.6 million.
