US Bitcoin ETFs experienced a rebound with substantial inflows, potentially leading to the first weekly gain after a period of outflows. BlackRock's IBIT led the inflows, with other funds also contributing to the recovery. Trading volumes have increased, and discussions continue regarding market structure and price discovery mechanisms.
Fresh inflows lift US Bitcoin ETFs toward a potential first weekly gain after five consecutive weeks of outflows totaling $3.8 billion.US spot Bitcoin funds extended their rebound Wednesday as BTC reclaimed $68,000, pulling in $506.
5 million in inflows, the largest daily total since Feb. 2.The gains mark two consecutive days of inflows, hinting at a possible upside following a massive February sell-off that wiped out $20 billion in net assets.BlackRock’s IBIT leads inflows with $297 million as ETF trading rebounds The Bitwise Bitcoin ETF and the Fidelity Wise Origin Bitcoin Fund followed with $39.4 million and $30.1 million in inflows, respectively.Reflecting the recovering interest, ETF trading volumes rebounded above $4.3 billion, the highest level since Feb. 9.The renewed buying comes as some investors continue to debate how market structure affects Bitcoin price discovery, including the role of big market-making firms like Jane Street and authorized participants that help create and redeem ETF shares.in an X post on Wednesday, adding: “But it’s also more structurally unsettling than the conspiracy theory itself — and once you understand the actual mechanics, you won’t be able to unsee them,” he added.“The short answer is that no AP explicitly suppresses Bitcoin price,” Park said, stressing that it’s rather the integrity of the price discovery mechanism that the AP structure can suppress.Concerns over “paper Bitcoin,” in which firms trade without acquiring actual crypto, have lingered since early February, when The Kendall ReportBitdeer sells all Bitcoin, Metaplanet rejects misconduct claims: Asia Express Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy
Bitcoin Etfs Inflows Market Structure Blackrock Trading Volume
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