The markets rarely move in a straight line, and on February 4 were an example. The Spot Bitcoin ETF, together, pulled out $ 341 million, and BlackRock’s ISHARES BITCOIN TRUST (IBIT) dominated $ 249 million. Spot Ethereum ETFS? According to Sosoval, they amounted to $ 308 million in a clean tributary, celebrating four consistent days of a positive impulse.
The whole day earlier, everything looked like. On February 3, Bitcoin ETF registered $ 235 million outflow, cutting out a four -day series of influx. FBTC Fidelity was affected by the maximum, with the release of $ 177 million. Meanwhile, Ethereum ETFS supported the series, bringing $ 83.5 million, despite the wider market turbulence.
Rewind a little until January 31, and that was
Another day of strong demand by ETF. Bitcoin ETFS saw an influx of $ 319 million, continuing the previous four -day trend. IBIT BlackRock again led a fee with 364 million dollars, while Ethereum ETFS added more modest 27.8 million dollars. USA.
Of course, none of this happened in isolation. In the period from February 1 to February 3, the liquidation storm passed through the crypto -market. Somewhere from 8 billion to 10 billion dollars were destroyed.
Bitcoin (BTC) briefly grew to $ 91,000, leaving Ethereum and various Altcoins losses by 20%. The traders hid, the positions were forcibly closed, and the portfolios received a blow – a textbook from a cascading liquidation that forces the market reset.
But then …
ETF investors returned back. They bought a fall, returning the tributary on February 4. Does this mean that prices will be restored? Not necessarily. But this signals that moods and capital remain ready to act when opportunities arise.
Meanwhile, BlackRock makes movements beyond just an influx. The company filed an amendment to the SEC to resolve natural atonements for its Bitcoin ETF. In case of approval, institutional investors can change the ETF shares directly to Bitcoin instead of cash. Small structural shift? May be. But this is the one that can reduce expenses and optimize operations that tend to be important over time.
Removal? Crypto remains unstable, but institutions do not retreat.
