“Against the backdrop of the market, the pure influx of funds into stock exchange funds (ETF) on the basis of the first cryptocurrency has been lasting seven days in a row after significant departments in February and early March. Dynamics of inflows/outflows of funds in a spot bitcoin-ETF. Data: Sosovalue. Over the last day, AUM in this segment increased by $ 84.17 million. The largest money was received by FBTC from Fidelity – $ 82.85 million. “This is a powerful signal. He talks about changing moods – that institutions support […]”, – WRITE: Businessua.com.ua
Against the backdrop of the market, the pure inflow of funds into stock funds (ETF) on the basis of the first cryptocurrency has been lasting seven days in a row after significant outflows in February and on early March.
Dynamics of inflows/outflows of funds in a spot bitcoin-ETF. Data: Sosovalue.
For the last day Aum This segment increased by $ 84.17 million. The most money was received by FBTC from Fidelity – $ 82.85 million.
“This is a powerful signal. He talks about changing moods – that institutions support bitcoin as we have not observed for a long time, ”Rachel Lucas said in a conversation with The Block Markets.
A total inflow in seven days amounted to $ 860.6 million; The accumulated result reached $ 36.13 billion.
It’s not easy According to Lucas, what is happening in the segment is no accident:
“There is a feeling that the macroeconomic situation is improving, especially with the fact that Fed She switched from the policy of quantitative intensification to softening. ”
The researcher cited additional positive factors:
- Comments by US President Donald Trump calling for rates;
- A softer SEC position combined with “XRP legal victory”.
According to Lucas, the market lays in the price of “a little hope”.
“But do not rush to draw conclusions, seven days are not enough to call it a trend. It is rather a spark rather than a full fire, ”she warned.
According to Lucas, any possible shocks, including tariff fluctuations or sharp inflation jumps, can easily change market moods.
Brickken analyst Emmanuel Cardozo expressed the opinion that current tributaries are a sign that the market is warming up.
“Another important signal is the growth of global liquidity to about 8% of this year, which creates favorable conditions for bitcoin. It is a combination of market impulse from a macroeconomic point of view and the increasingly significant role of the first cryptocurrency as a key asset in investors’ portfolios, which serves as the cause of these positive net revenues, ”the expert said.
At the time of writing, digital gold is traded in the $ 87,000 region. Over the past seven days, the asset has risen by 4.6%, according to Coingcko.
We will remind, as a result of March 17 recorded the maximum in six weeks the influx in the spot Bitcoin-ETF.
The gun
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