Bitcoin ETF inflows rebound as Fed holds interest rate steady

The FNB Bitcoin Spot experienced a massive increase in entries on March 20, jumping more than 1,300% in a single day after the Fed in the United States decided to maintain unchanged interest rates, a decision that helped facilitate market tremors surrounding inflation and broader economic uncertainty.

According to data From Sosovalue, 12 ETF Bitcoin of 12 points collectively attracted 165.75 million dollars on Thursday, a huge jump against only $ 11.8 million the day before. He also marked the fifth consecutive day of positive entries, with nearly $ 700 million entering the FNB Bitcoin during this period.

The Ibit of Blackrock led the charge with a huge 172.14 million dollars in net admissions, bouncing after a day of zero movement. Other players like Hodl de Vaneck, FBTC from Fidelity and Mini Bitcoin Trust from Graycale have also experienced more modest dollars, $ 9.19 million and $ 5.22 million, respectively.

However, not everyone has benefited. Funds like Bitb de Bitwise, Ezbc de Graycale and Franklin Templeton have seen investors withdraw almost $ 32.7 million, showing that the feeling is still varied to the other.

The sharp increase in ETF demand comes after an approximate section of outputs. Investors have retained themselves due to concerns about discussions on trade war, the increase in geopolitical tensions and macro uncertainty. But Wednesday Fed Meeting brought a certain relief.

The president of the Fed, Jerome Powell, reported a more dominant tone, suggesting that inflationary pressure, especially from the potential prices of the Trump era, can be temporary. This opened the door to possible drop in future rate, stimulating Optimism in risk markets like crypto.

Bitcoin responded rapidly, increasing by 4.5% to $ 85,786 and even briefly reaching $ 87,431. Ethereum and Solana joined the rally with gains of 4% and 6%, respectively. Total market capitalization of cryptography has climbed 3% to 2.947 dollars, while the term markets experienced $ 355 million in liquidations, mainly from short positions.

The announcement of the dry of yesterday added to the bullish feeling confirming that mining activities for cryptocurrencies of evidence of work such as Bitcoin, Litecoin and Bitcoin Cash do not fall under current securities laws.

However, during writing, Bitcoin (BTC) dropped by 2% in the last 24 hours, exchanging hands at $ 84,165 per room.

While ETF entries report an resurgence of the regulated BTC exposure request, analysts remain divided on the short -term trajectory of Bitcoin.

The RJT_Wagmi analyst stresses that Bitcoin is suspended at a crucial technical level, testing a descending trend line while cutting the head with the 100 -day mobile average and the Ichimoku cloud. The analyst noted that an escape from the area could trigger a strong rally, but if Bitcoin is rejected here, this can lead to a decline.

Trader Great Mattsby offers a larger image, note This bitcoin still follows in a long -term logarithmic trend channel, alluding to the next major peak may not arrive before 2025-26 – so there could still be room to run.

Meanwhile, the CEO of cryptochus Ki Young Ju brings a macro goal, argue That even if the request for detail is strong, in particular via the ETF, it does not reflect the chain as before.

He thinks that the bull cycle could technically be finished, not in a sense of the accident, but more that it could take another 6 to 12 months so that Bitcoin does not pass through its top of all time, thanks to close liquidity and wider economic conditions.