{"id":599286,"date":"2024-03-23T07:25:59","date_gmt":"2024-03-23T07:25:59","guid":{"rendered":"https:\/\/wncen.com\/?p=599286"},"modified":"2024-06-11T08:04:14","modified_gmt":"2024-06-11T08:04:14","slug":"bitcoin-etf-netflows-may-experience-rebound-if-this-price-is-attained-analyst-explains","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-etf-netflows-may-experience-rebound-if-this-price-is-attained-analyst-explains\/","title":{"rendered":"Bitcoin ETF Netflows May Experience Rebound If This Price Is Attained, Analyst Explains"},"content":{"rendered":"
In line with the decline in Bitcoin\u2019s price, the spot Bitcoin ETF market has appeared rather gloomy in recent days. According to data from analytics firm BitMEX Research<\/a>, these BTC ETFs have recorded a negative netflow for the last four trading sessions.\u00a0<\/a><\/span><\/p>\n This situation has been marked by large levels of Grayscale\u2019s GBTC outflows and the record low inflows for the other ETFs, mainly the market leaders BlackRock\u2019s IBIT and Fidelity\u2019s FBTC.\u00a0<\/span>However, amidst these persistent declining netflows, Ki Young Ju, a prominent analyst and Chief Executive Officer at Cryptoquant, has predicted a possible resurgence in the spot Bitcoin ETF market.<\/span><\/p>\n