BlackRock's iShares Bitcoin Trust (IBIT) experienced three consecutive days without any new investments, contrasting with significant outflows in other Bitcoin (CRYPTO:BTC) ETFs.
Despite the absence of inflows, analysts suggest that it doesn't necessarily reflect diminishing investor interest in Bitcoin but is a common occurrence within the broader ETF market.
The zero flow trend occurs when there is minimal disparity between supply and demand for an ETF, not reaching the threshold for creating or redeeming units.
While the lack of inflows into BlackRock's Bitcoin ETF hasn't affected trading activity, it has impacted Bitcoin's price, which has remained stagnant amid the absence of new investments.
Analysts are closely monitoring Bitcoin's price levels, noting specific interest price levels for potential market movements.