Following a week of net outflows, the spot Bitcoin ETF market has rebounded with impressive net inflows this week, highlighting a growing investor confidence in Bitcoin and its associated financial products. This week’s market activities have shown a remarkable reversal from the previous 5-day net outflow streak, with Tuesday witnessing a substantial net inflow of $480 million, followed by $243.5 million on Wednesday.
Yesterday’s resurgence in investor interest was notably boosted by Blackrock’s massive inflow of $323.8 million, effectively offsetting Grayscale GBTC’s $299.8 million outflows. Moreover, Ark Invest’s ARKB reported its best day yet, with $200 million in inflows, despite Fidelity experiencing its worst day with a mere $1.5 million in outflows. Nevertheless, Fidelity managed to bounce back with significant inflows of $261 million and $279 million on Monday and Tuesday, respectively.
Yesterday’s ETF flows were positive for $243.5 million.
Blackrock finally woke up again for $323.8 million completely cancelling out GBTC GBP‘s $299.8 million outflows.
Ark had their best day yet with $200 million. Fidelity had its worst day with $1.5 million.
Price dumped on… pic.twitter.com/LLChkITN7q
- WhalePanda (@WhalePanda) Märtsil 28, 2024
1% Down, 99% To Go For Bitcoin ETFs
However, according to Bitwise Chief Investment Officer (CIO) Matt Hougan, this is just the mere beginning of what is to come in the upcoming months. Hougan’s kommentaar, part of his weekly memo to investment professionals, sheds light on the current market dynamics and the colossal potential that lies ahead. “1% Down; 99% to Go,” Hougan wrote, highlighting the nascent yet promising journey of Bitcoin ETFs.
Lately, the market has been characterized by its volatility, with Bitcoin’s price oscillating between $60,000 and $70,000. Hougan advises a calm and long-term perspective amidst this fluctuation, especially as the sector anticipates the upcoming Bitcoin poole võrra around April 20, the approval of Bitcoin ETFs on national account platforms, and the soon-to-come completion of due diligence by various investment committees.
Despite the current sideways movement of Bitcoin’s price, Hougan remains bullish about its long-term trajectory. “Bitcoin is in a raging bull market,” he asserts, noting a nearly 300% increase over the past 15 months. The launch of spot Bitcoin ETFs in January has marked a significant milestone, opening up the Bitcoin market to investment professionals on an unprecedented scale.
Hougan’s analysis points to a profound shift as global wealth managers, who collectively control over $100 trillion, begin to explore investments in the “digital gold.” He suggests that even a conservative allocation of 1% of their portfolios to Bitcoin could result in approximately $1 trillion of inflows into the space.
This perspective is backed by historical data showing that even a 2.5% allocation to Bitcoin has enhanced the risk-adjusted returns of traditional 60/40 portfolios in every three-year period of Bitcoin’s history.
The recent inflows into Bitcoin ETFs, though impressive, are seen by Hougan as merely the beginning of a much larger movement. “We are all excited about the $12 billion that has flowed into ETFs since January. And it is exciting: Collectively, the most successful ETF launch of all time..But imagine global wealth managers allocate just 1% of their portfolios to bitcoin on average,” Hougan elaborates, emphasizing the scale of potential growth awaiting the cryptocurrency market. He concludes:
Think about the implications. […] A 1% allocation across the board would mean ~$1 trillion of inflows into the space. Against this, $12 billion is barely a down payment. 1% down, 99% to go.
Pressi ajal kaubeldi BTC hinnaga 70,644 XNUMX dollarit.
Esiletõstetud pilt, mis on loodud rakendusega DALL·E, graafik saidilt TradingView.com
Kohustustest loobumine: artikkel on mõeldud ainult hariduslikel eesmärkidel. See ei esinda NewsBTC arvamust selle kohta, kas investeeringuid osta, müüa või hoida ning loomulikult kaasneb investeerimisega riske. Enne mis tahes investeerimisotsuse tegemist soovitame teil ise uurida. Kasutage sellel veebisaidil esitatud teavet täielikult omal vastutusel.
- SEO-põhise sisu ja PR-levi. Võimenduge juba täna.
- PlatoData.Network Vertikaalne generatiivne Ai. Jõustage ennast. Juurdepääs siia.
- PlatoAiStream. Web3 luure. Täiustatud teadmised. Juurdepääs siia.
- PlatoESG. Süsinik, CleanTech, Energia, Keskkond päikeseenergia, Jäätmekäitluse. Juurdepääs siia.
- PlatoTervis. Biotehnoloogia ja kliiniliste uuringute luureandmed. Juurdepääs siia.
- Allikas: https://www.newsbtc.com/news/bitcoin/bitcoin-etf-inflows-1-trillion-predicts-bitwise-cio/
- :on
- :on
- :mitte
- $ UP
- 000
- 1
- 13
- 15%
- 20
- 28
- 500
- 8
- a
- MEIST
- Vastavalt
- konto
- üle
- tegevus
- soovitatav
- jälle
- vastu
- eespool
- Materjal: BPA ja flataatide vaba plastik
- eraldama
- eraldamine
- keset
- an
- analüüs
- ja
- ootab
- mistahes
- heakskiit
- umbes
- Aprill
- OLEME
- Laegas
- ümber
- artikkel
- AS
- seotud
- At
- keskmine
- ootamas
- tagasi
- tagatud
- olnud
- enne
- alustama
- Algus
- BEST
- vahel
- Miljard
- Bitcoin
- Bitcoin ETF
- Bitcoini turg
- Bitcoin Hind
- Bituumen
- juhatus
- Kiirendatud
- Põrge
- BTC
- sõnn
- Tõusvate hindade turg
- Bullish
- kuid
- ostma
- by
- iseloomustatud
- Joonis
- juht
- CIO
- kollektiivselt
- Tulema
- komiteede
- täiesti
- järeldab
- Läbi viima
- usaldus
- konservatiivne
- kontrollida
- võiks
- loodud
- cryptocurrency
- krüptokursuse turg
- Praegune
- andmed
- päev
- otsused
- Vaatamata
- hoolsus
- ei
- alla
- kaks
- dünaamika
- haridus-
- tõhusalt
- täpsustab
- rõhutades
- tõhustatud
- täielikult
- eriti
- ETF
- ETF-id
- Isegi
- Iga
- erutatud
- põnev
- kogevad
- uurima
- truudus
- Lõpuks
- finants-
- finantstooted
- Voolud
- kõikumine
- Järgneb
- eest
- Alates
- Globaalne
- Go
- Kuldne
- Halltoonid
- Kasvavad
- Kasv
- olnud
- Olema
- he
- esiletõstmine
- tema
- ajalooline
- ajalugu
- hoidma
- HTTPS
- pilt
- kujutage ette
- mõjud
- muljetavaldav
- in
- Suurendama
- sissevool
- info
- huvi
- sisse
- investeerimine
- investeering
- Investeeringud
- investor
- IT
- ITS
- Jaanuar
- teekond
- lihtsalt
- suurem
- algatama
- peitub
- valgus
- pikaajaline
- Tegemine
- juhitud
- Juhid
- märgitud
- Turg
- suur
- Matt
- Matt Hougan
- max laiuse
- keskmine
- Memo
- pelk
- ainult
- teetähis
- miljon
- Esmaspäev
- kuu
- Pealegi
- kõige
- liikumine
- palju
- tärkav
- riiklik
- peaaegu
- neto
- Sellegipoolest
- UudisedBTC
- eelkõige
- märkides
- of
- Ohvitser
- tasaarvestuse
- on
- ainult
- avamine
- Arvamused
- or
- välja
- väljavool
- üle
- enda
- osa
- minevik
- makse
- periood
- perspektiiv
- Platvormid
- Platon
- Platoni andmete intelligentsus
- PlatoData
- võrra
- portfellid
- positiivne
- potentsiaal
- Ennustab
- vajutage
- eelmine
- hind
- Toodet
- spetsialistid
- sügav
- paljutõotav
- tingimusel
- eesmärkidel
- tulivihane
- hiljuti
- jäänused
- tähelepanuväärne
- Teatatud
- esindama
- teadustöö
- vastavalt
- kaasa
- Tulu
- Ümberpööramine
- Oht
- riskiga kohandatud
- riskide
- s
- Skaala
- sektor
- nähtud
- müüma
- Varjualused
- suunata
- näidates
- näidatud
- külgsuunas
- märkimisväärne
- alates
- allikas
- Ruum
- Kaubandus-
- Leidke Bitcoin Etf
- mahukas
- edukas
- Soovitab
- et
- .
- oma
- see
- sel nädalal
- kuigi?
- aeg
- et
- kaubeldakse
- TradingView
- traditsiooniline
- trajektoor
- triljon
- tõsi
- Teisipäev
- puperdama
- enneolematu
- tulemas
- kasutama
- eri
- Lenduvus
- oli
- Jõukus
- veebisait
- Kolmapäev
- nädal
- iga nädal
- olid
- M
- Mis on
- kas
- WHO
- koos
- tunnistajaks
- halvim
- oleks
- kirjutas
- veel
- sa
- Sinu
- sephyrnet