Thursday, Bitcoin Exchange Sales Fund (ETF) log According to data provided by SoSovalue, there is a total of $165 million worth of inflows.
It is worth noting that these products have been influxing for five consecutive days. This shows that demand for the system is back after an unbearable streak of miserable spills. As Reported by U.TodayBitcoin ETF has been bleeding more than $6 billion in less than two months as it sours its risky assets amidst the tensions in global trade and the fear of a recession.
BlackRock’s iShares Bitcoin Trust ETF (IBIT) accounts for almost all of the recent influx, adding $172 million.
The Fidelity Wise Origin Bitcoin Fund (FBTC) and the Grayscale Bitcoin Trust ETF (GBTC) are also green, with influxes of $9.19 million and $5.22 million, respectively.
At the same time, several Bitcoin ETFs bleed their assets on Thursday. Grayscale’s GBTC totals outflows of nearly $8 million.
Meanwhile, Bitcoin’s price behavior remains anemia. At Press Time, cryptocurrency has changed hands at $84,152 after a 2.1% drop in the last 24 hours.
