Bitcoin ETF saw a total net outflow of $223 million! The currency price remains at the level of US$70,000

FarsideInvestors data shows that the Bitcoin spot ETF ended four consecutive days of net inflows. On April 8, the total net outflow was -223 million US dollars, which was the third largest net outflow since the ETF was launched. :

• 3/19: -USD 326 million

• 3/20: -USD 261 million

• 4/8: -223 million US dollars

The data of each ETF is as follows (from high to low):

• Grayscale GBTC :-$303 million

• Bitwise BITB: $40.3 million

• BlackRock IBIT: $21.3 million

• ARK ARKB: US$9.3 million

• Fidelity FBTC: US$6.3 million

All other ETFs have no net inflows Over ten million dollars.

Bitcoin maintains the level of US$70,000

Although ETFs recorded the third largest net outflow, Bitcoin also It fell from $72,799 but remains above $71,000.

Markus Thielen, founder of 10x Research, said in early March that U.S. Bitcoin ETF flows will no longer be the main rising momentum of Bitcoin. He did not disclose what the new rising momentum or indicators are, but this It is expected to be disclosed in subsequent reports that he is currently quite bullish on the future of Bitcoin.

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