Bitcoin at $81,963 as ETF inflows shrink to $5 million

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.The US Bitcoin funds took in a net $5.06 million on Thursday, a day after $261.5 million flowed out. The price stands at $81,963 on Friday morning and has hung in a $521 range since midnight.The US funds on Bitcoin took in a net $5.06 million on Thursday. That is the amount left over after all purchases and redemptions, and for this market it is close to zero. On Wednesday, $261.5 million had flowed out. The price stands at $81,963, or €72,984, on Friday morning and has moved in a range of a good $500 since midnight. Anyone buying or selling today is trading into a market from which the largest buyer group of the year has withdrawn for now. The fund-flow figures come from Farside Investors, the service that collates the daily reports of the eleven US providers. The values are still adjusted in the following days as the issuers close their accounts. The direction is therefore more reliable than the second decimal place. The price on Friday morning: $81,963 after the low at 79,806...