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Investors return to bitcoin ETFs (

Investuotojai grįžta į bitkoinų ETF (

Over the past two sessions, American bitcoin-based ETFs have seen massive inflows of new funds. Some investors are looking to take advantage of the latest series of price declines to buy the cryptocurrency cheaper.

According to data collected by Bloomberg, in just the last two trading sessions, more than 438 million US dollars were transferred to this type of ETF funds. dollars.

After the price of bitcoin fell by about a fifth since the beginning of June, this did not deter people, but encouraged them to get more actively involved in the most popular cryptocurrency. The fall in the price of Bitcoin on the exchange was caused, among other things, by concerns about the oversupply of this virtual currency, related to the bankruptcy of the Mt.Gox exchange up to 8 billion. payment of symbolic obligations of US dollars.

The reason for the decrease in the price of bitcoin was also the information that the German police started selling part of the 50 thousand bitcoins that they had previously seized from a pirate website.

In March, the price of bitcoin reached an all-time high of over 73.6 thousand dollars. Today, it is up about one percent to 57.2 thousand dollars.

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