Bitcoin ETF break a record number

The investment funds circulating in Bitcoin in the United States of America witnessed the largest daily outfits ever, as about 672 million dollars left these funds on Thursday amid widespread sales in the encrypted currency market after the Federal Open Market Committee meeting.

The Fidelity Fund, which carries the code (FBTC), leads these losses with excessive flows of $ 208.5 million, while the "Grayscale" Bitcoin Trust has set a record decrease of $ 188 million.

The "Arkb" and "GBTC" boxes from "ARK Invest" and "Grayscale" lost approximately 108 million dollars and $ 88 million, respectively, while "BitWise", "Investco" and "Valkyrie" have witnessed outfits of 80 million dollar.

On the other hand, the Black Rock Fund (IBIT) maintained the stability of daily flows, while the (BTCW) fund was the only one that attracted new investments worth $ 2 million.

Bitcoin fell to less than 96,000 dollars, recording a decrease of 4% within 24 hours, while the market liquidation reached $ 1 billion.

These moves came in the wake of strict statements from the Federal Reserve, which indicated a limited reduction in future interest rates.

Nevertheless, the fear and greed index remains at the level of 62, which reflects the continuation of the state of greed among investors even with the current descent in the value of digital currencies.

Posted using Tribaldex Blog