Bitcoin ETFS sends USD 2.75 billion in weekly influx, because the price is above 108 thousand. USD

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Funds based in American stock exchanges (ETFS) recorded a total of $ 2.75 billion among Bitcoins this week, exceeding their highest level of all time in January $ 109,000.

The total number of inflows worth $ 2.75 billion was almost 4.5 times higher than ETF from the previous week Bitcoin (BTC) $ 608 million, According to to distant data.

Blackrock Bitcoin ETF continues the inflow series

On May 23, on the last day of the Commercial Week, the Bitcoin ETFS Spot recorded $ 211.7 million inflow. However, Ibit Blackrock was the only fund that published profits on a sales day, adding $ 430.8 million and expanding its inflow series to eight consecutive days.

GBTC GBSCale ran out of $ 89.2 million, followed by Arkb 21Shares from $ 73.9 million.

Just two days earlier, on May 21, ETF Bitcoin recorded an inflow of $ 607.1 million, on the same day Bitcoin exceeded the highest level of USD 109,000. The next day, Bitcoin registered a fresh highest all time in the amount of USD 111,970.

At the time of publication, Bitcoin trades for USD 108,141, According to For Coinmarketcap data.

Bitcoin trades at the time of publication for USD 108,490. Source: Coinmarketcap

A slight decrease in Bitcoin prices in the last 24 hours has occurred with a decrease in moods to the cryptographic market, according to Crypto Fear & Greed Index.

The indicator that measures the overall mood of the cryptographic market reads the “greed” assessment of 66, which is 12 points from the “extreme result” 78 the previous day.

Related: Bitcoin price “Oddepcja” expected as compact -term traders implement USD 11.6 billion in profit

Cointelegraph has recently announced that ETF on Bitcoin Bitcoin are on their way to potentially exceed their monthly influx record of $ 6.49 billion from November 2024. In May ETF, ETF collected about $ 5.39 billion at Bitcoin, and five shopping days remained in May.

Meanwhile, several analysts recently suggested that Bitcoin has no signs of overheating, despite the achievement of the fresh highest all time this week, indicating the basics suggesting that Bitcoin may raise.

The Cryptoquant Crypto Dan analyst said on May 22: “Overheating indicators such as the financing rate and the short -term influx of capital remain low in comparison with previous peaks, and profit bringing profits by short -term investors is limited.”

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