WisdomTree Bitcoin Fund Sees Significant Outflows Amid Market Volatility
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The WisdomTree Bitcoin Fund (BTCW) experienced a notable outflow of $174,578,880, representing a 4.30% decrease in its assets under management (AUM), which currently stand at $140,057,020. This significant movement in funds highlights the current market volatility affecting cryptocurrency ETFs.
Over the past five days, the net flow for BTCW has been positive at 5.39%, while the one-year net flow remains negative at -2.11%, indicating a challenging year for the fund.
Related to this ETF, Bitcoin (BTC-USD) is currently priced at $86,912.46, with a 5-day price increase of 3.65%. However, the 1-day technical signal suggests a Sell recommendation.
Investors can explore more detailed analysis and sentiment trends on BTCW and BTC-USD pages.