The funds quoted by Bitcoin (BTC) (ETF) that quote on the US list. They have seen three consecutive days of departures for a total of $ 494 million. Wednesday’s departures were the largest of the three, with $ 251 million, which saw Ishares Trust (ibit) from Blackrock registering an exit of $ 22.1 million, with Fidelity Wise Origin Bitcoin Fund (FBTC) registering the largest exit of $ 102 million, according to Farside Data.
The exits coincided with a low volume in the ETFs, and on Wednesday he saw a total of only $ 2.58 billion in volume. Ibit registered less than $ 2 billion in volume, which put it as the tenth ETF of the USA. UU. More negotiated, according to coinglase data. Ibit typically falls into the most negotiated 5 ETFs when Bitcoin increases or gains impulse.
The lack of demand shown in the recent presentation of Goldman Sachs of the Bitcoin ETF shows the mediocre demand for new net positions in these ETFs, which are mainly used as commercial vehicles.
Bitcoin is currently at $ 96,000, in the middle of a negotiation range between $ 90,000 and its historical maximum of $ 109,000, which began in mid -November.
