After a Data from Farside Investors The fund had First time ever 1D flows all green, no red for the Bitcoin Bunch. Not going to spike the football like some did during the outflow period but will point out that over 95% of the ETF investors HOLD-ed during what was a pretty nasty and persistent downturn. Will same happen next… pic.twitter.com/3l3uwwmqGy— Eric Balchunas (@EricBalchunas) May 6, 2024But on Friday, GBTC It represents a remarkable turnaround, as the investment vehicles had their worst day on record earlier last week when they The Securities and Exchange Commission in January They were immediately and But the initial hype slowed down last month. Added to that, the Federal Reserve hinted that it was in no hurry to cut interest rates, and turbulence in the Middle East scared investors away from so-called “risk-on” assets like Bitcoin. Investors pulling money out of the funds puts downward pressure on the Friday brought a welcome reprieve. Could a sustained optimistic shift in investor sentiment push the coin’s price back up again?Edited by Ryan Ozawa.
