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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: sirty143 on March 28, 2024, 01:12:13 PM

Title: US Spot Bitcoin ETFs Rebound With $418 Million Inflow
Post by: sirty143 on March 28, 2024, 01:12:13 PM

US Spot Bitcoin ETFs Rebound With $418 Million Inflow

On Monday, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced their first positive inflows, breaking a streak of five consecutive days of outflows totaling $887.6 million. The momentum continued into Tuesday, with the ETFs amassing $418 million... See more for yourself here (https://news.bitcoin.com/us-spot-bitcoin-etfs-rebound-with-418-million-inflow/).

Your opinion is greatly appreciated.

Title: Re: US Spot Bitcoin ETFs Rebound With $418 Million Inflow
Post by: Don Pedro Dinero on March 28, 2024, 03:30:17 PM

Well, as we have discussed in other threads spot ETFs usually bring liquidity and buying pressure to the market but they can also withdraw liquidity and bring selling pressure, this is normal. In any case, investors in this type of ETFs are usually long-placist, they do not usually buy and sell depending on market swings. I believe that in the coming months, with the bull market there will be more inflows than outflows.