US SPOT Bitcoin Stock Exchange Investment Funds (ETFs), a total of $ 494 million in a total of three days in a row.
The biggest outputs since the last summits
According to Farside data, on Wednesday, it was the scene of the largest one -day output of the three -day series with a $ 251 million output from Bitcoin ETFs. Among the big funds:
- Fidelity Wise Origin Bitcoin Fund (FBTC) withdrew $ 102 million and saw the biggest output at one time.
- Blackrock’s Ishares Bitcoin Trust (IBIT) recorded a $ 22.1 million output.
Since its total ETF volume reached only $ 2.58 billion on Wednesday, the decline in the entrances coincided with the low trading volume. According to Coings data, IBIT, one of the first five US ETF, usually traded, fell to the tenth place.
The demand for Bitcoin ETFs is weakened
The inanimate demand for Bitcoin ETFs was also reflected in Goldman Sachs’ last file showing that the new net long positions were weak. Investors first use these ETFs as a trading tool and point to a low volume -like market.
ETF outputs increase, Bitcoin is currently trapped in a consolidation phase that is currently traded for $ 96,000.
Since mid -November, the BTC, which has been traveling between $ 90,000 and $ 109,000, the highest level of all time, has difficulty rising in the uncertainty environment in the market.
While traders watch the renewed acceleration signs, Bitcoin’s close -term orbit with ongoing exits and silent demand remains uncertain.
*It is not an investment advice.
For special news, analyzes and on-achain data Telegram Our group, Twitter Our account and Youtube Follow our channel now! Moreover Android ve IOS Start Live Price Tracking by downloading our applications!
Source: https://www.bitcoinsistemi.com/bitcoin-etflerine-talep-zayifladi-negatif-cikis-serisi-uc-gune-cikti-iste-detaylar/
