{"id":1633,"date":"2024-04-30T04:25:43","date_gmt":"2024-04-30T04:25:43","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/30\/blackrock-bitcoin-etf-fails-to-attract-inflows-for-4th-day-in-a-row\/"},"modified":"2024-04-30T04:25:43","modified_gmt":"2024-04-30T04:25:43","slug":"blackrock-bitcoin-etf-fails-to-attract-inflows-for-4th-day-in-a-row","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/30\/blackrock-bitcoin-etf-fails-to-attract-inflows-for-4th-day-in-a-row\/","title":{"rendered":"BlackRock Bitcoin ETF fails to attract inflows for 4th day in a row"},"content":{"rendered":"<p>GBTC reported $24.66 million in exits, while investors withdrew $31.34 million from ARK 21Shares\u2019 BTC ETF. Fidelity\u2019s spot Bitcoin ETF also experienced outflows of $6.85 million. Notably, five issuers, including BlackRock\u2019s IBIT fund, did not attract any inflows.<\/p>\n<p>This marks a four-day streak of no inflows for BlackRock\u2019s fund. The broader cryptocurrency market has been closely tied to BTC price action, and the valuations of altcoins have stagnated. The total crypto market cap has dropped below $2.3 trillion.<\/p>\n<p>It is not unusual for the crypto market to move sideways after a halving, leading to various speculations about its current status. Storm Labs CEO Sunil Srivatsa expressed optimism, stating, \u201cGeneral consensus is that we\u2019ve entered another bull market, and seasoned investors know to expect healthy corrections.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBTC reported $24.66 million in exits, while investors withdrew $31.34 million from ARK 21Shares\u2019 BTC ETF. Fidelity\u2019s spot Bitcoin ETF also experienced outflows of $6.85 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-1633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/comments?post=1633"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/1633\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/1632"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=1633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=1633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=1633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}