Discover the impact of Trump's statements on Bitcoin ETF investments. Learn about the recent decline in capital flow to Bitcoin ETFs in the US.
Capital inflow into Bitcoin exchange-traded funds (ETFs) in the US dropped by 80% to $66.38 million on February 5th. According to SoSoValue data, the highest investment volume of $44.35 million was allocated to the IBIT fund by BlackRock. This significant decrease followed comments by digital currencies advisor Trump regarding the Bitcoin strategic reserve plan, which failed to provide new details. Since its launch, total investment in 12 Bitcoin ETF funds has reached $40.67 billion.
