The funds (ETF) based in the United States Bitcoin Exchange (ETF) recorded a total of $ 2.75 billion in entries this week in the middle of Bitcoin exceeding its top of all time in January of $ 109,000.
The total of $ 2.75 billion inputs was almost 4.5 times higher than the Bitcoin (BTC) andF Spot (BTC) of $ 608 million at the previous week, according to Farside data.
Blackrock Bitcoin ETF continues the entry sequence
On May 23, the last day of the negotiation week, the Bitcoin Spot ETF recorded $ 211.7 million in entries. However, the Ibit of Blackrock was the only fund to publish gains on the day of negotiation, adding $ 430.8 million and extending its entry sequence for eight consecutive days.
The GBTC de Graycale led outs with $ 89.2 million, followed by Arkb d’Ark 21Shares with $ 73.9 million.
Two days before, on May 21, the FNB Bitcoin saw $ 607.1 million in entries, the same day, Bitcoin exceeded its summit of $ 109,000. The next day, Bitcoin recorded a new summit of $ 111,970.
At the time of publication, Bitcoin is negotiated at $ 108,141, according to Coinmarketcap Data.
The slight drop in bitcoin prices in the last 24 hours has been downwards the feeling of the cryptography market, according to the Crypto Fear & Greed index.
The index, which measures the overall feeling of the cryptography market, reads a “greed” score of 66, down 12 points compared to its “extreme score” of 78 the day before.
In relation: The expected “snifflard” bitcoin price while short -term traders achieve $ 11.6 billion in profits
Cointtelegraph recently reported that the FNB Bitcoin Spot were on the way to potentially exceed its influx record of 6.49 billion dollars from November 2024. Until now in May, the Bitcoin ETF have accumulated around 5.39 billion dollars, with five remaining negotiation days in May.
Meanwhile, several analysts recently suggested that Bitcoin does not show any sign of overheating despite new heights of all time this week, stressing the fundamentals suggesting that Bitcoin could increase more.
Cryptoque analyst, Crypto Dan, said on May 22, “overheating indicators such as the financing rate and short -term capital entries remain low compared to previous peaks, and the profit by short -term investors is limited.”
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