The ETF Bitcoin see USD $ 170 million in the middle of a 3 -month negative tide
By Hannah Pérez
The ETF Bitcoin observed a new departure on Wednesday after two days of tickets and in the middle of a streak of now three months of negative flows. The activity in the ETF reflects the BTC price action.
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- The Bitcoin ETF in the US. Uu. They saw a new exit on Wednesday.
- Investors withdrew USD $ 169 million after two days of positive flows.
- So far they accumulate three continuous months of exits.
- Bitcoin records volatility, although it shows resilience around USD $ 84,000.
The funds quoted in the stock market (ETF) of Bitcoin The cash in the United States became negative again in the midst of what has been a prolonged sea of several months.
On Wednesday, the 12 ETF that tracks Bitcoin In the US market they saw USD $ 169.8 million, after registering modest tickets for USD $ 1.4 million and USD $ 76.4 million, respectively, the first two days of the week.
The data compiled by Sosovalue They show that the flows became negative yesterday in the middle of a Three -month streak of net capital outputs. The ETF of Bitcoin They saw a record of USD $ 3.5 billion during February, and since then the bearish trend has remained in line with the price action in the market.
Week by week, the graph that counts the ETF flows Bitcoin It has also been painted mostly red, with only three weeks closing with net tickets since the beginning of February.
Sea of outputs in the ETF Bitcoin
The relapse of Wednesday’s figures occurred as a result of the huge exits of two ETF and despite the daily tickets recorded by the majority of the group. In particular, FBTC products of Fidelity and arkb of ARK and 21Shares They closed the session with withdrawals for USD $ 113 million each, which counteracted the modest entries of six of the ETFs.
Ibit were included in the group of winners Blackrockwhich led the daily tickets with USD $ 30.5 million in positive flows, and bitb of Bitwise with USD $ 12.8 million. The others with tickets attracted capital by 7 digits while the remaining three ETFs remained neutral, without entry or money outputs.
The total net entrances of the ETFs of Bitcoin in cash. UU. They are now located at USD $ 35.2 billion while the total assets under management modestly exceeds USD $ 93.6 billion, accumulated since the launch in 2024.
On Wednesday, Bitcoin He maintained the volatile action of the last weeks, product of Trump’s tariffs, ranging between USD $ 83,000 and USD $ 85,000 during the day and persisting more than 20% below its historical maximum of $ 109,000.
ETF flows explain Bitcoin stability
Despite the recent tide of red numbers in the ETFs Bitcointhe analyst of BloombergEric Balchunas, pointed out as positive that Ibit de Blackrock You have seen –by itself– Tickets for more than USD $ 2.4 billion in the year to date, a factor that could be contributing to the relative stability in the price of Bitcoin.
Although it has slowed down, balchunas described the recent flow of entrances in the ETFs of Bitcoin as “awesome“And he added that this”It helps to explain why the price of BTC has remained relatively stable: because its owners are more stable!“
He continued saying that “During the last 15 months “both ETF administrators and Strategy Michael Saylor have been acquiring Bitcoins Despite the pricing. Whales have contributed to the dynamics of accumulation of Bitcoin They are maintained despite the broader sales pressure of retail investors, “tourists, refugees from FTX ”, Governments and “God knows who more“, The analyst wrote in an X publication.
At the time of writing these lines, the cryptocurrency is negotiated above USD $ 85,200, with a gain of 2% in the last 24 hours, according to data from Coinmarketcap.
Hannah Estefanía Pérez / Diariobitcoin
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