The exchange-traded funds (ETFs) market experienced zero inflows on a day that was expected to bring fresh cryptocurrency adoption to the U.S. Top asset managers such as BlackRock, Fidelity Investments, and Bitwise recorded no interest from institutional investors. This development has affected market participants' disposition towards Bitcoin, which hit an all-time high before the inauguration but has since declined. Analysts believe that the cautious approach from institutional players could impact BTC's upward movement, and the lack of a clear policy statement on the Bitcoin Reserve from the new U.S. government may further dampen enthusiasm. However, retail investor interest in Bitcoin has increased, as seen in Google searches about the asset.
Content Editor ( u.today )
- 2025-01-21
Bitcoin ETF: $0 Inflow Reshaping BTC Price Outlook
