In March, more than $ 1.67 billion abandoned US ETF locations on Bitcoin Ether. But eventually investors have been able to stop the bleeding.
On March 12, ETF locations on Bitcoin recorded a positive net arrival of $ 13.3 million.
US ETFs ETF flows on BTC. Source: Farside investor
The total value of the transaction was $ 2.01 billion: the lowest daily price from February 20. Basically three ETFS – Blackrock’s ishares BitCoin Trust (IBIT), Box 21 Shares BitCoin ETF (ARKB) and Grayscin Bitcoin Mini Mini Mini Trust ETF (BTC) – to contribute positive arrival.
Daily flow of investment in ETF on BTC. Source: Sosolo
On the side of Ethereum, the only day of positive pure poverty in this month was March 4, with the partnership with the Fedality Ethereum Fund (FETH), the Beat -like Ethereum ETF (ETH), the Gray Ethereum Trust (Ethosh) and the Gray Scale Ethereum Money Trust (ETH).
ETF ETF flows on ETH. Source: Farside investor
Turning the markets and geographical political tensions
The ETFS escaped due to a series of factors: the general decline in the market, economic uncertainty, geographical political tensions, trade wars and the recession of investors. According to analysts, the disappointing expectations of President Donald Trump’s strategic bitcoin reserve project have further increased the pressure on sales.
Although BitCoin still has been retained, more than 80,000, experts have warned that EU retaliation rates can introduce more fluctuations, which can further affect the crypto markets.
