cryptd.in

Vaihtoehtoinen LinkedIn krypto-ystävällisille lahjakkuuksille

Bitcoin ETFs Log a Perfect Week as Inflows Reach a 3-Month Record

-

by

cryptd.in
osoitteessa

After a shaky July in terms of ETF performance, the Bitcoin funds started August with a bang, attracting more than $800 million in the first full week of the month.

This coincided with the underlying asset’s price revival, as BTC jumped from a monthly low at $62,200 on Monday to over $65,000 on Friday.

Best Week Since Mid-April

July began with big hopes as investors pulled out more than $2.4 billion out of the spot Bitcoin ETFs in May and another $4.5 billion in June. Although there were many good days throughout the seventh month of the year, it ultimately ended with a more modest net inflow of $172.43 million. Thus, it lost the July inflow war to Ethereum.

The funds attracted nearly that amount on August 3 alone, pulling in $170 million. Another $211.49 million followed on Tuesday, $244.42 million on Wednesday, $128.69 million on Thursday, and $98.85 million on Friday. Thus, the perfect all-green week was complete, and the end number stands at $853.54 million, which is actually more than all four previous weeks combined.

Moreover, it’s the best single-week performance since mid-April, when the funds were on a roll, gaining nearly $1 billion at one point. It’s also the third-best of the year, as the record still belongs to the week that ended on January 16, when the ETFs attracted $1.42 billion.

Bitcoin ETF Flows. Source: SoSoValue
Bitcoin ETF Flows. Source: SoSoValue

The past week has been quite positive for BTC’s price performance as well. Perhaps fueled by the ETF inflows, the asset rose from $62,200 on Monday to $65,400 on Friday after the weaker-than-expected US jobs data.

ETH ETFs Extend Streak

Unlike the spot Bitcoin ETFs, the Ethereum counterparts didn’t have a full red week in July, ending the month with $365 million in net inflows. Their first in August has been quite impressive as well, attracting almost $245 million.

The start of the week wasn’t as promising as investors pulled out $11.42 million. However, they changed their tune during the other four trading days, inserting $53.75 million on Tuesday, $60.86 million on Wednesday, $92.15 million on Thursday, and $49.60 million on Friday. Thus, the cumulative net inflows have increased from $11.21 billion last week to $11.46 billion.

Spot Ethereum ETF Flows. Source: SoSoValue
Spot Ethereum ETF Flows. Source: SoSoValue

ETH’s price has also climbed by around 3% weekly, currently trading well above $1,920 after it dipped toward $1,800 on Monday.

Virka Bitcoin ETFs Log a Perfect Week as Inflows Reach a 3-Month Record ilmestyi ensin osoitteessa CryptoPotato.

Kommentit

Vastaa

Sähköpostiosoitettasi ei julkaista. Pakolliset kentät on merkitty *

Viimeisimmät syötteet

Suositut kategoriat

fi Suomi
fi Suomi en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Etsi verkkosivustolta

Suosittuja tarinoita

Tunnisteet

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (458) #BitcoinETF (3) #BitcoinFundamentaalit (1) #BitcoinHandlingKäsittelyn (1) #BitcoinHinta (5) #BitcoinPriceLevel (1) #BitcoinPumppu (1) #BitcoinReserve (1) #BitcoinSurgePyrähdys (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokenit (1) #BTChankinta (1) #BullishPrediction (Ennuste) (1) #BullishSentimentti (1) #ChineseMining (1) #CPKatselu (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #Cryptoennusteet (1) #CryptoSääntely (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) 1TP5Hollantilainen tuomioistuin (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (74) #EthereumKipu (1) #EthereumPrice (1) #ExpertOpinion (1) #TFedRateCut (1) #FiatCurrency (1) #Rahoitusvaikutus (1) #RahoitusturvaTurvaTurvaTietosuoja (1) #FirmShutdown (1) #Jäädytetyt tilit (1) #IllicitFunds (1) #InflationData (1) 1TP5Sijoitus (1) 1TP5Sijoitustappiot (1) #Japanilainen yritys (1) #LegalAction (1) # Oikeudelliset vaikutukset (1) #Lainsäädäntö (1) #LightningNetwork (1) #M Markkina-analyysi (3) #M Markkinaseuranta (1) #Mmarkkinaennuste (1) #M Markkinaennusteet (1) #M Markkinaprojektio (1) #MarketSupport (1) #Markkinoiden volatiliteetti (1) #Mvaunu (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitability (1) 1TP5Rahanpesu (2) #MtGox (4) #NorthKoreaCryptoPohjois-KoreaCrypto (1) #NovogratzEnnustus (1) 1TP5HintaKivi (1) 1TP5Hintaennuste (2) 1TP5HintaKysymys (1) 1TP5HintaPyrähdys (1) #PvankilaLausunto (1) #QuantAnalyysi (1) 1TP5Sääntelypaine (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #Ttekninen analyysi (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashKehittäjä (1) #UKCrypto (1) #UpsidePotentiaali (1) #USKongressi (1) #WyomingLand (1) #XRHinta (1) #XRPupswing (1)

Hyödyllisiä linkkejä

Linkkejä, jotka löysin hyödyllisiksi ja halusin jakaa.