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Learning & News => News related to Crypto => Topic started by: sirty143 on May 16, 2024, 05:01:23 AM

Title: US Bitcoin ETFs See $166.5M Inflows in Early Week Trading Sessions
Post by: sirty143 on May 16, 2024, 05:01:23 AM
US Bitcoin ETFs See $166.5M Inflows in Early Week Trading Sessions

U.S. spot bitcoin exchange-traded funds (ETFs) experienced two consecutive days of net inflows on Monday and Tuesday, totaling $166.5 million across both sessions. See more for yourself here (https://news.bitcoin.com/us-bitcoin-etfs-see-166-5m-inflows-in-early-week-trading-sessions/).

Your opinion is greatly appreciated.


Title: Re: US Bitcoin ETFs See $166.5M Inflows in Early Week Trading Sessions
Post by: TomPluz on May 17, 2024, 03:40:40 PM
Seems to me that Bitcoin ETF investors are really watching the trend and know when to enter the market and then exit for some possible profits. For no other reason than making the best profit, ETF investors are the savvy crowd and many of them are also managed by investment firms so they got professional services working in their behalf. And I guess this is telling us that Bitcoin will be showing a good sign of strength in next week of trading. Now, I am getting interested to get into ETF as well...can someone tell me what can be the minimum requirement enter this goldmine?
Title: Re: US Bitcoin ETFs See $166.5M Inflows in Early Week Trading Sessions
Post by: Captain Corporate on May 17, 2024, 09:28:41 PM
I feel like getting to a positive level is always good. I know that sometimes that doesn't happen that quickly, which is a problem but this time it is looking quite good. I feel like the pace we are recovering is showing the world that we are not believing that it is going to go down and we think that it will go up, so that when it goes down we do not panic and sell and make it go down. When this becomes obvious, the market stops with everything in the end and that should mean something. If the whole public trusts the situation, then we shouldn't really end up worrying, we should trust the future bringing us profits.