Income in spot bitcoin exchange-traded funds in the United States recorded a rapid decline in the last one week, which is a fed down on interest rate cut and AI platform Deepsec’s launch on China’s launch on China’s widespread risk among investors after concerns -It was amidst the feeling of feeling.
As data From Sosowale, 12 spot bitcoin ETFs experienced a significant decline in net flow in the last week, drawing in $ 559.84 million from investors – 68% lower than $ 1.76 billion recorded last week.
These investment products allegedly began in the outflow with $ 457.48 million, which began with the increasing adoption of the Chinese AI app Deepsek. The app was seen as a contestant of Sam Altman’s chat, but built at an excerpt of the cost, submerged investors and crashed on major stock prices as a result of a liquidation of about $ 1 billion in the Crypto market that day.
For the next two days, the spot bitcoin funds saw an influx of $ 18.44 million and $ 92.09 million, although they were hanging for the FOMC meeting as the Crypto community. Most had already estimated that the fed would keep the interest rates unchanged from 4.25% to 4.50%.
Following the Dovish stance raised by Fed on the evening of 29 January, BTC ETFS saw an increase of 500% in inflow the next day, with $ 588.22 million under Blackrock’s IBIT IBIT, which was $ 321.5 million. The bullish flow continued on 31 January as the BTC ETFS saw flowing into the $ 318.56 million funds.
Blackrock’s Ibit led the pack for the day, which attracted $ 363.83 million into the flow from investors. This was followed by ARK 21Shares’ Arkb and Vaneck’s Hodl, which recorded an income of $ 35.59 million and $ 5.76 million respectively. However, Bitwiz’s Bitb and Grancale’s GBTC stood out as the only outlair of the day, with investors withdrew $ 56.03 million and $ 30.59 million respectively.
2025 bitcoin fast for ETF
According to the Global Head of Research Matt Hogan for Bitwise Assets Management, 12-spot bitcoin funds pulled out in 2024 in an influx of $ 35.2 billion. However, for 2025. Prediction Access to cross the number of last year.
While he had warned of “important month-to-month instability in flow” for BTC ETF in the coming months, he said that Bitcoin ETF would still end “north of $ 50 billion”.
Bitcoin ETF market is also expected to expand this year. According Crypto commentator Andrew, a host of BTC ETFs, such as Wales Fargo, Stiffel, Raymond James and UBS, can be approved by the end of the first quarter of 2025.
