According to SoSoValue analysis, ETF trading volume continues to hover at a low level, mainly due to the fact that the market has not completely gotten rid of the shadow of the sell-off in the previous few weeks, and the recovery process seems to be difficult. Augustine Fan of SOFA.org further pointed out that the current market sentiment is still shrouded in gloom, and investors generally adopt a wait-and-see attitude, looking forward to the policy signals released by the upcoming Federal Reserve Jackson Hole meeting, especially in the traditional summer off-season, in order to alleviate the concerns about economic recession.
The latest fund flow data shows that the market showed a differentiated trend on Monday: BlackRock's IBIT fund ushered in a strong net inflow of US$92.68 million, while Fidelity's FBTC fund also received a moderate increase of US$3.87 million. However, at the same time, Bitwise's spot Bitcoin fund suffered a net outflow of US$25.72 million, and Invesco's BTCO fund was also not spared, with a net outflow of US$8.84 million. For more latest developments in the financial and business fields, please visit COINTURK FINANCE.
We share this valuable information with you unconditionally. If we have the same goal, let's work together! ! !
