“IBIT SAW A NET INFLOW OF $ 1.31 Billion Last Week.”, – WRITE: www.coindesk.com
Exchange-Traded Fund
(Etf)
Listed on Nasdaq Under The Ticker Ibit Rose 3.49% Last Week, Snaping A Four-Week Downtrend in Trading Volumes.
A Total of 210.02 Million Shares Changed Hands in the Week Ended June 27, Registering A 22.2% Growth From The Preceding Week’s Volume Tally of 171.74 Million Shares, Accounting To Data Surce. That’s the first weekly growth since the third week of May.
The Renewed Upswing in Volume Comes Amid Continued Demand for the Etf. Last Week, Ibit Registered A Net Inflow of $ 1.31 Billion, Following The Preceding Week’s Tally of $ 1.23 Billion. The Largest Publicly Listed Fund Has Amassed $ 3.74 Billion in Investor Money this month, accounting to Data Source Sosovalue.
The 11 Spot etfs Listed in the US Have Collectvely Registered A Net Inflow of Over $ 4 Billion this Month, Marking The Third Consuctive MONTHLY INFLOW.
Ibit’s Weekly Chart with Trading Volumes. (TradingView/Coindesk)
The chart shows that ibit have been foring a bull flag, Mimicking the Bullish Continion Pattern on the Spot Btc Price Chart.
A Breakout, if ConfirMed, Wound Signal An Extension of the Bull Run From Early April Lows Near $ 42.98.
X Icon
