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Bitcoin grant funds maintained more than 95 % of their invested capital, despite slowing incoming flows and a recent significant price reduction. This resistance, comparable to the resistance of traditional stock markets, shows a change in investors’ crypto behavior.
Bitcoin under pressure but ETF holds well
James Seyffart, head of ETF analyst in Bloomberg, shared the disclosure of data on the current situation on the current situation of Bitcoin ETF on March 14. These funds have seen a decline in their incoming flows, from the top of $ 40 billion to approximately $ 35 billion.
However, with total asset management, which reached $ 115 billion, they managed to maintain more than 95 % of their invested capital, despite a remarkable decline in 25 % of the price of bitcoins.
This resistance to market pressure is similar to behavior observed in traditional US stock markets, where investors prefer not to panic in the lower period.
On the contrary, they continue to gain shares and signal the paradigm shift: the transition from a short -term speculative approach to the strategies of investment in heritage over time.
Warning signals for the future of the market
However, several indicators arouse concern. SOSVOVALUE data shows that US Bitcoin ETF has seen significant capital trips: $ 870 million last week and $ 1.6 billion in the last month.
Other warning signals are manifested. Darkfost, a contributor to the cryptocurrency, has identified a significant decline in the demand of bitcoins since December. Mobile diameter after 30 days “demand obvious ”which compares a new offer with inactive BTC for more than a year, has a remarkable decline, indicating a reduction in the number of active buyers and a more cautious market.
The Sharpe Sharpe bitcoins ratio, which measures the risk of a modified endangered, has also been reduced from March 2024 according to the platform for the analysis of the Alfractal analysis. This trend, observable despite the achievement of historical heights above $ 100,000, indicates an increase in the risk of the return.
This deterioration can be attributed to several factors: macroeconomic uncertainty, growing volatility and slowing in short -term yields. Skantiment data strengthens these concerns and reveals that the main holders of Bitcoins (between 100 and 1,000 BTC) sold more than 50,000 BTCs, ie about $ 4.07 billion last week.
Bitcoin ETF thus shows a remarkable short -term resistance, but multiple warning signals indicate the market turbulence in the coming months. Investors seem to prefer a long -term vision, despite growing uncertainty.
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Passionate Bitcoin, I like to explore meanders blockchain and cryptos and share my discoveries with the community. My dream is to live in a world where privacy and financial freedom is guaranteed for everyone, and I firmly believe that Bitcoin is a tool that can make it possible.
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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.