Bitcoin ETF

Bitcoin

Spot

<ul class="news-points"> 
 <li>Bitcoin ETF inflows dropped by 80.6% in 24 hours with a net inflow of $133 million.</li> 
 <li>Dropping ETF inflows correlates with a dip in BTC, with the price falling below $67,000.</li> 
 <li>CoinGlass data showed 193,431 traders liquidated in 24 hours, with a total liquidation of $682.14 million.</li> 
</ul> 
According to Spot On Chain, a cryptocurrency analytics platform, <a href="https://coinedition.com/tag/Bitcoin-ETF/">Bitcoin ETF</a> recorded a net inflow of $133 million on Thursday, March 14, 2023. This represents an 80.6% drop from the previous day’s inflow. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> BTC <a href="https://twitter.com/hashtag/ETF?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#ETF</a> Net Inflow Mar 14, 2024: +$133M • The net inflow dropped by 80.6% compared to the previous day. • The cumulative total net inflow after 44 trading days is $11.96B. • Despite remaining positive, the net inflow is at its lowest level in the past 8 trading days.… <a href="https://t.co/HCzX7H3Nat" target="_blank" rel="nofollow">https://t.co/HCzX7H3Nat</a> <a href="https://t.co/jIdE3pp2Wt" target="_blank" rel="nofollow">pic.twitter.com/jIdE3pp2Wt</a>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1768499865128939604?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">March 15, 2024</a>
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The analytics platform also reported a cumulative total net inflow of $11.96 billion into the Bitcoin ETF ecosystem after 44 trading days. However, Spot On Chain noted that despite remaining positive, the net inflow is at its lowest level in the past eight trading days. 
Thursday’s drop marked a second cons…
The post <a href="https://coinedition.com/etf-inflows-drops-80-6-in-24-hours-pushing-btc-price-below-67k/">ETF Inflows Drops 80.6% in 24 Hours, Pushing BTC Price Below $67K</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

ETF Inflows Drops 80.6% in 24 Hours, Pushing BTC Price Below $67K

Coin Edition

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