According to the analysis of banking giant JPMorgan, the activity seen in spot Bitcoin ETFs in the USA has started to normalize.
According to the analysis conducted by JPMorgan, spot Bitcoin ETFs generally fell on January 26, their eleventh trading day. net 15 million dollars There was an outflow of money.
Sales from Grayscale Bitcoin Trust (GBTC) “to slow down” The amount of money coming out of iShares Bitcoin Trust (IBIT), which was founded by BlackRock and is worth approximately $ 2.2 billion. decreased specified.
Analyst, “As we have seen trading volumes decline over the past week, the enthusiasm for these ETFs has subsided and perhaps a more normal one “We think we may be seeing a streaming environment.” said.
Bitcoin price briefly rose to $49,000 after ETFs started trading, and last week below $39 thousand had fallen. BTC, which entered this week at approximately 42 thousand dollars, From 43 thousand 487 dollars is being traded.