Strong inflows into ARK 21Shares, Fidelity Bitcoin ETFs end 8-day outflow streak

Strong inflows into ARK 21Shares, Fidelity Bitcoin ETFs end 8-day outflow streak

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The United States exchange funds in the United States recorded a $ 94.3 million flow on February 28-breaking eight consecutive days of external flows as Bitcoin achieved a partial recovery of about $ 85,000.

The Ark 21shares Bitcoin Etf (ARKB) and Foundelity Wise Origin Bitcoin Fund (FBTC) led the road for $ 193.7 million and $ 176 million in net consecutive flows, Farside Investors Data He appears.

The ARKB and FBTC raised $ 369.7 million in the external flow of $ 244.6 million from Blackrock’s Ishares Bitcoin Trust Etf (IBIT), while Bitcoin ETF (BitB) and Bitco Mini Trust Etf (BTC) have seen $ 4.6 million and $ 5.6 million of net flow.

Bitcoin products Released by Investco, Franklin, Valkyrie and Wisdomtree recorded “0” flows per day, while Vaneck Bitcoin ETF and Grayscale of Bitcoin Trust Etf (GBTC) explodes.

He flows to Bitcoin points in the United States since February 18. Source: Farside investors

While a chain was broken for eight days, the net net flow of 94.3 million dollars barely caused a dent in the amount of $ 3.26 billion in the net outflows that occurred between 18 and 27 February.

February 25 was the worst day ever, with $ 1.13 billion in external flows for American bitcoin products.

External flows coincided with a decrease of 17.6 % in Bitcoin (BTCThe price is from February 18 to the lowest level in nearly four months. Data He appears.

Bitcoin price recovered Since then to $ 86,165.

Related to: Blackrock BTC ETF adds to a $ 150 billion wallet product

The defeated start for this year led to the registration of the investment funds circulating in the instant Bitcoin in a net flow of about 300 million dollars since January 10, 2025 – the date that Distinguishing the first anniversary From the launch of bitcoin products.

Despite the decline in the market, industry experts such as the large investment employee in BitWise Matt Hogan He said Now it is “the best time in history” to buy Bitcoin while hovering about $ 80,000 to $ 90,000.

“This is the moment the greatest chance of encryption,” He said Jake Chervinsky, chief legal official in Variant, referring to a more suitable regulatory environment and increased Tadfi’s interest.

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