#ETFWatch #ETFWatch
In recent months, there has been a significant decline in the inflow of funds into Bitcoin-related exchange-traded funds (ETFs) in the United States. The total net inflow into spot Bitcoin ETFs has fallen to $35.2 billion, which is only $200 million more than at the beginning of the year, effectively reaching zero growth since the start of the year. In February, there were only 5 days with a net inflow of funds, and since the beginning of March, there has been only one day. The total assets under management have decreased by 25% from the peak value in January, coinciding with a decline in the price of Bitcoin. $BTC
This situation may indicate market saturation from early investors, suggesting a need for new demand or market catalysts to stimulate fund inflows. Despite a recent 10 percent recovery in the price of Bitcoin, ETFs continue to experience net outflows of funds. Meanwhile, asset management firms are actively working on creating ETFs for alternative cryptocurrencies such as AVAX, Polkadot, Litecoin, and XRP, which could become the next approved investment instruments. #ETFWATCH
