Spot Bitcoin (BTC) ETF raised a 10 -day entry run with $ 358 million in net exits: JPMorgan

Bitcoin of the United States list

The funds quoted in the stock market (ETF) registered their first day of net exits in 10 commercial sessions on Thursday, according to a JPMorgan research report (JPM).

The Wall Street bank estimated that Spot Bitcoin ETFS saw $ 358 million reimbursements yesterday, according to a Friday report, with only one, Ishares Bitcoin Trust (ibit) of Blackrock, attracting a net entrance. Ibit met in a net of $ 125 million, the bank observed.

In contrast, the FBTC of Fidelity saw net exits of $ 166 million, leading reimbursements, according to the report. Other important taxpayers included the Bitcoin Trust (GBTC) (GBTC) (GBTC): $ 107 million, ARK 21Shares Bitcoin ETF (ARKB) -$ 89 million and the ETF Bitwise Bitcoin (Bitb) -$ 71 million, the bank said, said the bank, the bank said.

JPMorgan said smaller exits were also observed through the remaining emitters.

The price of Bitcoin fell 1.1% in the day, but the market activity remained solid with negotiation volumes of $ 5.39 billion, well above the average of 20 days of $ 2.81 billion, the report added.

The largest cryptocurrency in the world quoted around $ 105,656 at the time of publication.

Read more: Spot Crypto Etf from USA



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