The markets rarely move in straight lines, and February 4 was an example. Bitcoin's investment funds were pulled collectively for $ 341 million, and ISHARES Bitcoin Trust (IBIT) dominates Black Rock at $ 249 million. Ethereum atfs spot? The total of $ 308 million in net flows, which represents four consecutive days of positive momentum, according to L. Socal.

Just one day ago, things looked different. Bitcoin's investment funds recorded $ 235 million in net external flows on February 3, with a series of four -day flow. FIDTC got the most difficult blow, with $ 177 million. Meanwhile, Ethereum Etfs kept a live, which led to $ 83.5 million despite the wider market turmoil.

A little rewind to January 31, and that was

Another day of demand ETF is strong. Bitcoin's investment funds witnessed $ 319 million in flows, and continued in the previous direction for four days. Ibit from Blackrock again led the fees at $ 364 million, while Ethereum ETFS added a more modest amount of $ 27.8 million.

Of course, none of this happened in isolation. Between February 1 and February 3, the liquidation storm was swept in the encryption market. Somewhere, between $ 8 billion and $ 10 billion was eliminated in lifting positions.

Bitcoin (BTC) It increased briefly to 91,000 dollars, leaving ETHEREUM and various altcoins 20 % loss. Traders scrambled, the positions fell strongly and the governor took great success - a case of a textbook of successive references that force the market reset.

But then ...

ETF investors retreated. They bought DIP, re -flowing again on February 4. Does this mean that the prices will be recovered? Not necessarily. But he indicates that feelings and capital are ready to act when opportunities arise.

During, Blackrock It is a move that goes beyond mere flows. The company made an amendment with the SEC to allow extracts of its kind for Bitcoin ETF. If approved, institutional investors can replace ETF shares directly for Bitcoin Instead of criticism. Small structural transformation? maybe. But this is what can reduce costs and simplify the processes, which, over time, tend to it.

Prefabble meals? The encryption is still volatile, but the institutions do not retreat.