Bitcoin exchange funds (ETFS) ended a series of external flows for six days on Monday, with $ 219 million in daily flows.
Sosoverese Show That bitcoin spot (BTCThe investment funds circulated on Monday, which represents a shift in feelings after six consecutive circulation of net flow.
The external flow chain began on August 15 and extends until Friday, when the largest flows out of 523.31 million dollars on August 19, followed by $ 311.57 million on Wednesday.
Follow the external flow week to correct the Bitcoin market after the original reached record levels. On August 14, Coingecko data Show That bitcoin I reached the highest new level ever From 124128 dollars. Since then, the original has decreased by 11 % to $ 110,186.
Fidelity, Blackrock Lead Spot Spot Bitcoin Etf Rebound
EtFS Federation and Blackrock led a recovery on Monday, prompting the majority of daily net flow. The Bitcoin Fund led the wise origin in Fidelity (FBTC) the package, achieving $ 65.56 million.
ISHares Bitcoin Trust (IBIT) of Blackrock closely followed $ 63.38 million, while ARK Invest’s Ark 21shares Bitcoin Etf (ARKB) added 61.21 million dollars.
Other sources saw smaller but positive contributions to today’s flows. Bitb’s BitB has seen $ 15.18 million of net flows, while Grayscale’s Bitcoin Trust (BTC) and VANECK HODL were $ 7.35 million and $ 6.32 million, respectively.
Related to: Bitcoin gathered on deficit fears in the United States, not noise: analyst
The sale of ETF comes from the “polarized” investor’s feelings
On Monday, James Bouteville, head of Coinshares Research, said that the recent excesses of encryption boxes have been her largest loss since March. Butterfill The sale was attributed To the feelings of the “increasingly polarized” investor on American monetary policy.
He said that pessimism about the federal reserve position led to two billion dollars in external flows. However, the analyst said that the feelings, after the title of Jerome Powell, the head of the United States, turned widely as “more than expected.”
Saturday, feelings of encryption Bridge When the encryption market rose after Powell raised speculation of a possible reduction in September.
The Crypto Fear & Greed Index, a famous scale used to measure market morale, rose to the degree of “greed” 60. This means that the market participants were showing stronger appetite and were more confident in purchase.
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