Bitcoin: the BTC ETF in cash in the eye of the cyclone for 8 days

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By TP

THE ETF Bitcoin in cash in the United States has experienced a difficult week, recording massive net outings of $ 3.2 billion in the past eight days. This trend is part of a broader context of sale in the cryptocurrency markets and actions, exacerbated by the recent pricing announcements of Donald Trump.

The key points of this article:

ETF Bitcoin in cash in the United States recorded massive net outings of $ 3.2 billion in a week, marking a shock for the market. Trump's pricing policies have caused shock waves on the markets, resulting in a fall in stock prices and cryptocurrencies.


ETF Bitcoin in the red for 8 days

Sosovalue data reveal that the Bitcoin ETF only recorded four days of net inputs this month, with net monthly outputs totaling $ 3.65 billion. February 21 marked a record with net outings of $ 1.14 billionthe biggest amount ever recorded in a single day. The Ibit of BlackRock, the largest ETF Bitcoin by net assets, has undergone its most important net never recorded, with $ 418 million February 22. Although net outputs have decreased slightly to $ 275.8 million On February 23, the trend remains worrying.

ETHEREUM ETHERE follow the same trend

ETHEREUM ETHEREUM in cash are not to be outdone, with net outputs of $ 71 million On February 23, marking six consecutive days of net total outings 315 million dollars. The drop in Bitcoin and Ethereum prices, 7% and 9.9% respectively in the last 24 hours, reflects this downward trend. Trump's re-election, although considered pro-Crypto, was overshadowed by his pricing policies that weighed on the feeling of investors. Trump's announcements have sent shock waves on the markets, causing a drop in stock prices and cryptocurrencies while investors anticipate a long -term negative impact on the American economy. With cumulative net entries falling to $ 36.85 billionthe ETF Bitcoin and Ethereum have faced their lowest level since January. While Trump's economic policies continue to create uncertainty in the markets, investors seem to turn away from risky assets, including cryptocurrencies.