COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: How Recent Events Impact Bitcoin and ETF Markets
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin News > How Recent Events Impact Bitcoin and ETF Markets
Bitcoin News

How Recent Events Impact Bitcoin and ETF Markets

In Brief

  • BlackRock's Bitcoin ETF sees sole fund inflow in the US.

  • Other ETFs report no new entries or fund outflows recently.

  • Overall, Bitcoin ETFs in the US experienced significant outflows.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

Bitcoin’s recent losses continue to negatively reflect on the ETF sector. Accordingly, the Bitcoin exchange-traded fund launched by BlackRock was the only spot Bitcoin ETF based in the United States that saw fund inflows in the last two days, while all other ETFs reported no entries or fund outflows during this period.

Contents
Investments in the ETF Sector Approach a StandstillWhat’s Happening on the Bitcoin Front?

Investments in the ETF Sector Approach a Standstill

iShares Bitcoin Trust (IBIT) reported a net inflow of $73.4 million on April 15, down from $111.1 million the previous day. According to Farside Investors data, excluding Grayscale, the other eight ETFs did not record any fund inflows in the last two days. However, the inflows experienced by IBIT were not sufficient to offset the outflows from Grayscale Bitcoin Trust, which saw an outflow of $110.1 million on April 15 and a slowdown from the $166.2 million outflow on April 14.

All ten spot Bitcoin ETF funds saw net outflows of $55.1 million and $36.7 million on April 14 and April 15, respectively.

The recent outflows from US Bitcoin ETF funds followed a volatile weekend for Bitcoin, which saw a 11.6% drop to $63,410, according to Tradingview data.

What’s Happening on the Bitcoin Front?

Meanwhile, global Bitcoin investment products saw an outflow of $110 million for the week ending April 12, and CoinShares’ research head James Butterfill highlighted the hesitation among investors once again. Butterfill reported that all combined crypto investment products saw a net outflow of $126 million last week, with weekly volumes rising from $17 billion to $21 billion.

An attack by Iran on Israel on April 13 led to a free fall in Bitcoin price, reaching a three-week low of $61,918. The upcoming halving event for cryptocurrency on April 20 also contributes to price volatility, as investors speculate on how it will affect Bitcoin’s price movement. The halving event is expected to differ from past events, potentially influenced by the momentum in the ETF sector and the Ordinals space.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Robert Kiyosaki Champions Bitcoin as a Financial Lifeline

The High-Stakes Bitcoin Bet: James Wynn Takes a $1.2 Billion Leap

Tesla Holds $1.25 Billion in Bitcoin: Inside Their Bold Crypto Strategy

Japanese Stocks Skyrocket, Energizing Global Markets

Scientists Challenge Gold’s Significance with Lead-to-Gold Transformation

COINTURK NEWS 16 April, 2024 - 10:34 am 16 April, 2024 - 10:34 am
Share This Article
Facebook Twitter
Share
Previous Article Seeing the Potential for High Returns, Mantle & Stacks Communities Are Betting Big on DeeStream’s Presale
Next Article Insights into the Wealthiest Crypto Wallet Owners
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Kraken Pro Ignites Pi Coin with Futures Trading Boost
Altcoin News
Solana Targets New Highs: Price Momentum Intensifies
Solana (SOL)
Cardano Rises Above Challenges to Establish Strong Ground
Cardano (ADA)
Bitcoin Surges to New Heights as Market Dynamics Shift
Bitcoin (BTC)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?