Crypto investment products have witnessed a second consecutive week of crypto outflows totaling $206 million, as reported by CoinShares. This decline coincides with a slight decrease in trading volumes of Exchange-Traded Products (ETPs), now நின்று at $18 billion. Interestingly, these figures represent only 28% of total Bitcoin trading volumes, contrasting sharply with the 55% recorded just a month earlier.
Analysts attribute this waning interest among ETP and Exchange-Traded Fund (ETF) investors to the Federal ரிசர்வ் தான் indication of maintaining current high-interest rates for an extended period.
US Records Notable Crypto Outflows: $244 Million Trickle Out of Bitcoin ETFs
In the United States, sentiment remains predominantly negative, with ETFs experiencing outflows of $ 244 மில்லியன். Established ETFs have தாக்கப்பட்டது hardest, while newly issued ETFs continue to attract capital, albeit at a slower pace compared to previous weeks. In contrast, Canada and Switzerland have seen inflows of $30 million and $8 million, respectively. Germany, however, reported minor outflows totaling $8 million.
விக்கிப்பீடியா, முன்னணி கிரிப்டோகரன்சி, கூட பார்த்திருக்கிறார் outflows, amounting to $192 million. Surprisingly, this has not led to a significant increase in short-Bitcoin positions, with only a $0.3 million outflow from such positions. Ethereum, on the other hand, has continued its six-week streak of outflows, totaling $34 million.
There has been renewed interest in the altcoin sector, with inflows of $9 million last week. Litecoin மற்றும் சங்கிலி இணைப்பு have seen particularly significant inflows, with $3.2 million and $1.7 million, respectively.
Blockchain equities have faced pressure as well, marking their 11th consecutive week of outflows totaling $9 million. Concerns regarding the impact of the upcoming halving event on mining companies have contributed to investor apprehension.
Standard Chartered Maintains $150,000 Bitcoin Price முன்அறிவிப்பு
Despite these challenges, Geoff Kendrick, head of digital assets research at Standard Chartered, remains optimistic about பிட்காயின் prospects. He reaffirms the வங்கியின் ambitious price target of $150,000 for Bitcoin by year-end, citing the influx of capital into U.S. Bitcoin ETFs as a முக்கிய காரணி.
U.S. Bitcoin ETFs have attracted approximately $12 billion in net inflows since their inception in early 2024. Speaking to BNN Bloomberg, Kendrick said:
“The ETF inflows in the U.S. have really dominated the demand-supply metrics so far in 2024. This is significant in terms of the ETFs’ performance to date.”
This report highlights the intricate relationship between investor sentiment, regulatory expectations, and market dynamics in the ever-evolving landscape of cryptocurrency investments.
கிரிப்டோ சந்தையில் வர்த்தகம் செய்யும்போது, அது இருக்க வேண்டியதில்லை "ஹிட் அல்லது மிஸ்." எங்களின் பிரீமியத்தைப் போலவே, உங்கள் போர்ட்ஃபோலியோவையும் வர்த்தகம் மூலம் பாதுகாக்கவும் கிரிப்டோ சிக்னல்கள் டெலிகிராமில்.
கிரிப்டோ வர்த்தகம் செய்வது எப்படி என்பதை அறிய ஆர்வமா? உங்களுக்கு தேவையான அனைத்து தகவல்களையும் இங்கே பெறுங்கள்
MANAUSD experienced a significant drop in mid-April 2024, causing the price to slightly breach the $0.4250 demand level and taking out existing liquidity below. Following the liquidity being taken, the price formed a failed low, indicating a decrease in selling pressure, which could potentially lead to a rise in price.
