BlackRock s
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ETF Struggles
in September With Just $7 Million
inInflows
Despite a modest uptick in Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin prices this September, BlackRock’s iShares
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Trust (IBIT) has experienced sluggish inflows. It netted just $6.76
million for the month.
While IBIT has been stagnant, other funds faced outflows.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ETFs Recorded $155 Million in Outflows
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BlackRock s Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ETF – IBIT saw varied trading volumes. It recorded
an inflow of $15.82 million on September 16.
However, this gain was offset by an outflow of $9.06 million a week earlier,
culminating in a modest net inflow. On ten trading days this month, IBIT
recorded zero netflow.
Interestingly, this occurred during a month when Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s value increased by
nearly 5%, a condition that typically fosters higher fund inflows.
Read more: How To Trade a Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ETF: A Step-by-Step Approach
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BlackRock s Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ETF September Performance. Source: SoSoValue
Overall, the ETF sector fared similarly. September witnessed a collective
outflow of around $155.30 million from all spot Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin ETFs, indicating broad
market hesitancy. Despite these challenges, IBIT has performed relatively
well, maintaining stable inflows during notable volatility .
Amid these developments, BlackRock has shared new insights on Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin. The
asset management giant unveiled a report titled “Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin: A Unique
Diversifier,” which discusses the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта s potential as a
diversification tool in global portfolios.
The report emphasizes Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s unique attributes, such as its scarcity,
decentralized nature, and global reach. These features enhance its appeal as a
hedge against traditional financial uncertainties .
BlackRock’s analysis suggests that Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin has demonstrated remarkable
resilience over time.
It states that Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin outperformed all major asset classes in seven out of
the last ten years, with returns exceeding 100% annually over the last decade.
This performance was achieved despite Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin also being the
worst-performing asset in the other three of those 10 years, with four
drawdowns in excess of 50%. Through these historical cycles, it has shown an
ability to recover from such drawdowns and reach new highs despite these
extended bear market periods, BlackRock said .
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Moreover, the report explores Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s role during global crises, identifying
it as a safe haven asset. BlackRock highlights Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s non-sovereign,
decentralized nature, which shields it from geopolitical disruptions and
economic uncertainties that impact traditional asset classes.
Read more: Who Owns the Most Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin in 2024? S&P 500• Экономика » Финансы » Финансовый рынок » Рынок ценных бумаг » Биржи » Биржевые индексы » S&P 500, Gold, and Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin
Performance During Geopolitical Events. Source: BlackRock
The discussion on Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin also extends to its impact on US fiscal policies .
BlackRock notes an increasing institutional interest in Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin as a potential
alternative reserve asset amid rising concerns over US federal deficits and
debt levels. This interest is reflected globally, where significant debt
accumulation has spurred similar considerations.
Despite these encouraging aspects, BlackRock advises caution due to Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s
volatility and the changing regulatory environment that could affect its
adoption and valuation. The asset manager recommends that Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin while
presenting an intriguing investment opportunity, should be incorporated
cautiously into diversified portfolios to manage its inherent risks.
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Top crypto platforms | September 2024
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M2 Exchange Explore
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Top crypto platforms | September 2024
AlgosOne
BYDFi
M2 Exchange
Exodus
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