{"id":677,"date":"2024-04-16T00:26:40","date_gmt":"2024-04-16T00:26:40","guid":{"rendered":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/16\/blackrocks-bitcoin-etf-attracts-73m-in-a-slow-market\/"},"modified":"2024-04-16T00:26:40","modified_gmt":"2024-04-16T00:26:40","slug":"blackrocks-bitcoin-etf-attracts-73m-in-a-slow-market","status":"publish","type":"post","link":"https:\/\/cryptogoldex.com\/index.php\/2024\/04\/16\/blackrocks-bitcoin-etf-attracts-73m-in-a-slow-market\/","title":{"rendered":"BlackRock&#8217;s Bitcoin ETF attracts $73m in a slow market."},"content":{"rendered":"<p>The ten spot Bitcoin ETFs experienced net outflows of $55.1 million and $36.7 million between April 12 and 15. This was in contrast to Grayscale&#8217;s offering, which saw inflows during the same period. The week was volatile for Bitcoin, with its value dropping by 10% to around $63,498.<\/p>\n<p>One expert predicted that the ETFs would be lucky to get $500 million in inflows, citing reasons such as the modest size of the local ETF market, lack of well-known issuers, relatively low liquidity, and expensive fees. The expert also mentioned that selling pressure from miners may last for four to six months, potentially causing Bitcoin&#8217;s price to fluctuate sideways, as seen in previous halving cycles.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ten spot Bitcoin ETFs experienced net outflows of $55.1 million and $36.7 million between April 12 and 15. This was in contrast to Grayscale&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":676,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[228],"tags":[],"class_list":["post-677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-etfs"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/677","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=677"}],"version-history":[{"count":0,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/posts\/677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media\/676"}],"wp:attachment":[{"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/media?parent=677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/categories?post=677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptogoldex.com\/index.php\/wp-json\/wp\/v2\/tags?post=677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}