Bitcoin exchange funds (ETFS) in the United States witnessed $ 94.3 million of total flows on the last day of February, such as Crypto's The worst month in three years I finish.
This number crowned a series of external flow for eight days, as investors withdrew more than $ 3.2 billion of this funds with low digital asset prices.
ISHARES Bitcoin Trust (IBIT) of Blackrock, the largest Bitcoin ETF sites by management assets, was one of the extremist values that saw $ 244.6 million in external flows on Friday. Meanwhile, other large traded investment funds, including FBTC FIDELITY, have brought $ 176 million of investors, while ARK 21Shares Bitcoin ETF has seen the largest flows, bringing 193.7 million dollars, according to Investors data.
The flows came as an encrypted currency The market began to show signs of recovery After the price of Bitcoin reached the lowest level in the early hours of the early 28 February. Bitcoin is now trading about $ 84,900 after a rise of 1.6 % in the past 24 hours, while the broader Coindesk 20 index increased by 0.3 % to 2,705.
During the past week, BTC still decreased by approximately 12 %, while the broader encryption market decreased, as it was measured by the Coindesk 20 index, by 15.8 %. The Bitcoin Spot investment funds have been bearing a large series of external flow since February 14, the day when these funds have seen a $ 66.2 million flow.
On the other hand, Eter ETFS maintained a series of continuous external flow on the last day of February, with $ 41.9 million left this money. Since their last day, with a positive net flow, $ 357.5 million out of this money, according to Farside data.
The restoration of the last market comes at a time when the White House announced that US President Donald Trump will will Hosting the coding top On March 7 and after the largest asset manager in the world, Blackrock, Added 1 % to 2 % From Bitcoin Etf to one of its typical portfolios.
Read more: Bitcoin from Blackrock sees the external daily registration as the foundation begins to relax
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