All but 1 US spot Bitcoin ETF in the red this March
Almost all of the United States of Bitcoin Exchange Bitcoin funds (ETF) had net negative performance in March, analysts, analysts expect a bitcoin bitcoin trend of up to 12 months.
The data on eccentric investors have shown that Bitcoin ETF struggled in March, the net outings exceeding their monthly net entries. Blackrock active director, the FNB Ishares Bitcoin Trust (IBIT), suffered the most, outings reaching $ 552 million and only $ 84.6 million.
According to data, the Wise Origin Bitcoin Fund from Fidelity (FBTC) has experienced more than $ 517 million and had only $ 136.5 entries. Data also showed that Bitcoin Trust ETF de Graycale (GBTC) has exits more than $ 200 million and had no entry.
However, Bitcoin Mini Trust ETF (BTC) of Graycale is the only one to have challenged the trend, with clear outings for March and more than $ 55 million in net entries.
Spot Bitcoin flows in millions. Source: Wacky investors
US SPOT Bitcoin Les ETF had more than $ 1.6 billion outings in March
Overall, the Bitcoin ETF combined had more than $ 1.6 billion outings in the first 17 days of March and recorded only $ 351 million in entries. This was not enough to compensate for losses, which brings the net exit to nearly $ 1.3 billion.
Meanwhile, investment products based on ether are not better. The FNB Ishares ETF (ETF) of BlackRock (ETF) had the most outings, reaching $ 126 million, but it did not record any monthly entry. The Fidelity Ethereum Fund (Feth) recorded around $ 73 million outings, but had only $ 21 million in entries.
The Ether ETHER had negative results in March, with the exception of March 4, when the entries reached $ 14 million. However, the Ether ETHE ETF worked in March, with more than $ 300 million in total outings.
SPOT Ether ETF flows into millions. Source: Wacky investors
In relation: Yuga Exec warns against the price of ether “True Bear Market” while the whales rush
The CEO of cryptochus says that BTC Bull Cycle is finished
The performance of the products negotiated in exchange for crypto occurs as feelings for Bitcoin and the cryptographic market become lower.
On March 18, the founder and CEO of the cryptochus Ki Young Ju declared that the “Bitcoin Bull cycle was finished”. The executive awaits up to one year of lower or lateral price action. Ju argued that onchain’s measures indicate a lower market. The executive said that new whales are selling weak as dry liquidity.
https://www.youtube.com/watch?v=1iyxu9w47to
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