Institutional trust in Bitcoin remains strong: $ 196 million inflow in US ETFs despite market pressure

Institutionelle Investitionen in Bitcoin-ETFs: Starke Zuflüsse trotz Marktdruck In den vergangenen Wochen stand der Bitcoin-Kurs (BTC) unter Druck, dennoch zeigen die Spot Exchange Traded Funds (ETFs) signifikante Kapitalzuflüsse. Dies deutet darauf hin, dass das Vertrauen institutioneller Anleger weiterhin ungebrochen ist. 196 Millionen Dollar Zufluss in einer Woche In der letzten Woche wurden insgesamt 196,48 Millionen US-Dollar in US-amerikanische Bitcoin-ETFs investiert. Dies geschah trotz eines schwachen Wochenendes, das am Freitag, dem 28. März, mit einem Abfluss von 93,16 Millionen Dollar aus den Fonds endete. Dennoch blieb das Wochenergebnis per Saldo klar positiv. Der stärkste Tageszufluss wurde am Mittwoch, dem 26. März, …
Institutional investments in Bitcoin ETFs: Despite market pressure in the past few weeks, the Bitcoin course (BTC) has been under pressure, but the Spot Exchange Traded Funds (ETFS) show significant capital inflows. This indicates that the trust of institutional investors continues to be unbroken. A total of $ 196.48 million $ 196 million in one week in the past week was invested in US Bitcoin ETFs. Despite a weak weekend, which ended on Friday, March 28, with a drain of $ 93.16 million from the fund. Nevertheless, the weekly result with a balance remained clear. The strongest daily inflow was on Wednesday, March 26, ... (Symbolbild/KNAT)

<p> <strong> Institutional trust in Bitcoin remains strong: $ 196 million inflow in US ETFs despite market pressure </strong> </p>

Institutional investments in Bitcoin ETFs: strong inflows despite the market pressure

In the past few weeks, the Bitcoin course (BTC) has been under pressure, but the Spot Exchange Traded Funds (ETFS) show significant capital inflows. This indicates that the trust of institutional investors continues to be unbroken.

196 million dollar inflow in one week

In the past week, a total of $ 196.48 million were invested in US Bitcoin ETFs. Despite a weak weekend, which ended on Friday, March 28, with a drain of $ 93.16 million from the fund. Nevertheless, the weekly result by balance remained positive.

The strongest daily inflow was recorded on Wednesday, March 26, on which $ 89.57 million flowed into the funds alone. For many, this is a clear sign for the ongoing trust of institutional investors.

Blackrock and Fidelity lead the field

The inflows were primarily powered by large players such as Blackrock and Fidelity. Blackrock's flagship fund IBIT was able to attract an impressive $ 171.95 million in fresh capital. Fidely's FBTC fund also convinced with an inflow of $ 86.84 million.

However, not all funds benefited from this positive market environment. Ark 21shares with his ARKB fund recorded the greatest drainage of the week with $ 40.97 million. The funds of Wisdomtree, BitWise and Investco also had to accept declines and closed the week in the minus.

Blackrock brings Bitcoin to Europe

After success in the USA, Blackrock is now focusing on Europe. With the introduction of its own Bitcoin Exchange Traded Product (ETP), the asset manager officially enters the European market.

Since March 25, the fund has been tradable on the Xetra, the leading electronic stock exchange in Germany, as well as on the Euronext exchanges in Amsterdam and Paris. This gives European investors the opportunity to invest in Bitcoin via established trading platforms - without the direct possession of cryptocurrencies.

Overall, the developments in the field of Bitcoin ETFs show that despite the current market conditions, the interest and willingness to invest of institutional investors are unbroken.