BTC ETF single-day inflow of 274 million yuan! Fidelity FBTC attracted the most attention with 127 million yuan, and institutional funds are gradually replenishing
Bitcoin Spot ETF saw a single-day net inflow of $274 million on 3/18, marking the largest single-day fund inflow since 2/4, especially after accumulating outflows of over $5.4 billion in the past five weeks, seen as a sign of confidence recovery by the market.
Spot Bitcoin ETFs all attracted funds, with Fidelity shining at 127 million US dollars
Data shows that BTC ETF has been under strong selling pressure in the past five weeks, with a total outflow of 54 billion US dollars. However, five BTC ETFs saw capital inflows on 3/18, and there were no ETFs with net outflows. Some BTC ETFs performed exceptionally well:
Fidelity's FBTC managed by ( attracted $127 million.
ARKB, a collaboration between ARK Invest and 21Shares, raised $88.5 million.
BlackRock's IBIT: raised $42.26 million.
Grayscale's Mini BTC Trust Fund MBT and Bitwise's BITB also have inflows of funds, showing positive fund flows.
Institutional funds replenish, low fee ETF demand heats up
Some analysts believe that this wave of changes reflects the recovery of market confidence, especially the stabilizing trend of BTC price and the rekindled interest of institutional investors. The key factor in this ETF fund inflow is:
Institutional fund quarterly adjustment )Portfolio Rebalancing(.
Demand for low-cost ETFs is rising.
Bitcoin price stabilizes, there are still variables in the future
This Monday, the BTC )BTC( price has generally remained around 83K level, compared to the fluctuation between 78K and 94K USD in early March. The market sentiment is gradually stabilizing. However, analysts also warn:
Market volatility may continue.
As the quarter-end settlement approaches, institutional funds are expected to enter the market.
Assuming the price weakens again, it may trigger a new round of capital outflows.
The cumulative net inflows of BTC ETF have reached 35.58 billion US dollars, and the total trading volume also reached about 1.87 billion US dollars on Monday, and the market is still paying attention.
)Taiwan's virtual currency special law regulates stablecoins, BTC ETF, when will it be open to retail investors for multiple orders? FSC: Half-year observation period(
This article BTC ETF single-day inflow of 2.74 billion RMB! Fidelity FBTC attracted 1.27 billion RMB the most eye-catching, institutional funds continuously replenishing first appeared on Chain News ABMedia.
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BTC ETF single-day inflow of 274 million yuan! Fidelity FBTC attracted the most attention with 127 million yuan, and institutional funds are gradually replenishing
Bitcoin Spot ETF saw a single-day net inflow of $274 million on 3/18, marking the largest single-day fund inflow since 2/4, especially after accumulating outflows of over $5.4 billion in the past five weeks, seen as a sign of confidence recovery by the market.
Spot Bitcoin ETFs all attracted funds, with Fidelity shining at 127 million US dollars
Data shows that BTC ETF has been under strong selling pressure in the past five weeks, with a total outflow of 54 billion US dollars. However, five BTC ETFs saw capital inflows on 3/18, and there were no ETFs with net outflows. Some BTC ETFs performed exceptionally well:
Fidelity's FBTC managed by ( attracted $127 million.
ARKB, a collaboration between ARK Invest and 21Shares, raised $88.5 million.
BlackRock's IBIT: raised $42.26 million.
Grayscale's Mini BTC Trust Fund MBT and Bitwise's BITB also have inflows of funds, showing positive fund flows.
Institutional funds replenish, low fee ETF demand heats up
Some analysts believe that this wave of changes reflects the recovery of market confidence, especially the stabilizing trend of BTC price and the rekindled interest of institutional investors. The key factor in this ETF fund inflow is:
Institutional fund quarterly adjustment )Portfolio Rebalancing(.
Demand for low-cost ETFs is rising.
Bitcoin price stabilizes, there are still variables in the future
This Monday, the BTC )BTC( price has generally remained around 83K level, compared to the fluctuation between 78K and 94K USD in early March. The market sentiment is gradually stabilizing. However, analysts also warn:
Market volatility may continue.
As the quarter-end settlement approaches, institutional funds are expected to enter the market.
Assuming the price weakens again, it may trigger a new round of capital outflows.
The cumulative net inflows of BTC ETF have reached 35.58 billion US dollars, and the total trading volume also reached about 1.87 billion US dollars on Monday, and the market is still paying attention.
)Taiwan's virtual currency special law regulates stablecoins, BTC ETF, when will it be open to retail investors for multiple orders? FSC: Half-year observation period(
This article BTC ETF single-day inflow of 2.74 billion RMB! Fidelity FBTC attracted 1.27 billion RMB the most eye-catching, institutional funds continuously replenishing first appeared on Chain News ABMedia.