ETF inflow drops as BTC price retreats

Bitcoin, which retreated to the level of $67,000 yesterday evening, made a sharp correction, while ETFs also performed below expectations. Funds received a net investment of $132 million. It was noteworthy that Fidelity also remained at a low level of $13 million and received the least inflow since 11 January.

ETF inflow drops as BTC price retreats

Bitcoin spot ETFs closed yesterday at a low level compared to recent times, with a net $132 million. BlackRock received $345 million in investment, while Fidelity remained at only $13 million. This was Fidelity’s lowest inflow level since 11 January.

Bitwise and Invesco did not receive investment

ARK Invest also saw one of its lowest inflows with $3.4 million. Bitwise and Invesco did not receive investment. VanEck, which made ETF transaction fees zero until April 2025, received $13 million in investment.

$257 million outflow from Grayscale

Grayscale also seems to have resumed its massive sell-offs. The company, which sold $276 million yesterday, was $257 million today. Thus, the BTC value sold in just two days surpassed $ 500 million. The company still has $26 billion in Bitcoin in its hands.

Bitcoin fell below $70,000 yesterday and then fell to $67,000. Behind the decline, as well as ETFs, a miner wallet that had not moved since 2010 sent 50 BTC to the Coinbase exchange.

Leave a Comment