NEWSLETTER
The funds quoted in the US bitcoin Stock Exchange registered an entry of $ 94.3 million on February 28, which broke eight consecutive days of departures, since bitcoin was partially recovered around $ 85,000.
The Ark 21Shares bitcoin ETF (ARKB) and the Fidelity Wise Origin bitcoin Fund (FBTC) led the way with $ 193.7 million and $ 176 million in net tickets respectively, distant investors <a target="_blank" data-ct-non-breakable="null" href="https://farside.co.uk/btc/” rel=”null” target=”null” text=”null” title=”null”>data shows.
The combined entrance of $ 369.7 million of ARKB and FBTC covered more than $ 244.6 million output of Blackrock's Ishares bitcoin Trust ETF (Ibit), while the Bitwise ETF bitcoin (Bitb) and the bitcoin Mini Trust gray bitcoin ETF (btc) saw $ 4.6 million and $ 5.6 million in the net creatures.
bitcoin products issued by Investco, Franklin, Valkyrie and Wisdomtree registered “0” tickets in the day, while the ETF of Vaneck bitcoin and the ETF of bitcoin Trust of Grayscale (GBTC) Sangran.
It flows to the US point. UU. bitcoin ETFS since February 18. Fountain: <a target="_blank" data-ct-non-breakable="null" href="https://farside.co.uk/btc/” rel=”null” target=”null” text=”null” title=”null”>Farside investors
While the eight -day streak broke, the net ticket of $ 94.3 million barely caused a dent in the $ 3.26 billion in net exits that occurred between February 18 and 27.
February 25 was the worst day with a record of $ 1.13 billion in departures for the US bitcoin products.
Mass exits coincided with a 17.6% drop in the price of bitcoin (btc) from February 18 to a minimum of almost four months of $ 78,940 on February 28, Coingecko <a target="_blank" data-ct-non-breakable="null" href="https://www.coingecko.com/en/coins/bitcoin” rel=”null” target=”null” text=”null” title=”null”>data shows.
The price of bitcoin has been recovered since then to $ 86,165.
Related: Blackrock adds btc ETF to the $ 150b model portfolio product
The unstable beginning of the year has resulted in the Spot bitcoin ETFS registering a net exit of approximately $ 300 million since January 10, 2025, the date that marked the first anniversary of the launch of bitcoin products.
Despite the market fall, industry experts as investment director Bitwise Matt Hougan have <a target="_blank" data-ct-non-breakable="null" href="https://x.com/Matt_Hougan/status/1895114253608075414″ rel=”null” target=”null” text=”null” title=”null”>saying Now is the “best moment in history” to buy bitcoin, while it is around the range of $ 80,000 to $ 90,000.
“This is the moment of the greatest opportunity for cryptography,” <a target="_blank" data-ct-non-breakable="null" href="https://x.com/jchervinsky/status/1894752588165185906″ rel=”null” target=”null” text=”null” title=”null”>saying Jake chervinsky, legal director of Variant, pointing out a more friendly regulatory environment with cryptomony and increased traffic interests.
Magazine: The bitcoin ETFs make Coinbase a 'Honeypot' for computer pirates and governments – CEO of Trezor
