This came after President Donald Trump’s efforts to create a working group on digital assets by an executive order could not meet market expectations.

According to data from Sosovalue, a total of 12 spots Bitcoin ETF, Thursday, $ 188.65 million net entrance recorded. This points to the entrances that have been decreasing for four days after the entrances exceeding $ 1 billion at the beginning of the week.

Blackrock’s IBIT ETF, with a $ 154.6 million, retained a large part of the entrances, maintaining its leadership on a row on a row on a row, BITWise’s BITB ETF followed it with $ 42,15 million input.

Lower amounts but positively contributing entries came from the following ETFs:

• BTCO ETF of Invesco Galaxy: $ 12,38 million

• Grayscale’s Mini Bitcoin Trust: $ 11.9 million

• FBTC ETF of Fidelity: $ 9,16 million

• Ark 21shares’ ARKB ETF: $ 8,35 million

Grayscale’s GBTC recorded $ 49.94 million as the only negative detail of the day and balanced some of the entrances from other ETFs. The remaining five Bitcoin ETF completed the day with zero entrance.

As of January 23, the total daily transaction volume of Bitcoin investment vehicles reached $ 9,59 billion, and saw the second highest level after the $ 10.39 billion summit on March 5th.

The decrease in Spot Bitcoin ETF entrances coincided with President Trump’s signing of the executive order to establish a working group focusing on digital assets on Thursday, and the acceleration change in the price of Bitcoin.

The executive order aimed at consulting the White House on digital asset policies and to evaluate a state -supported digital asset reserves containing crypto currencies seized in investigations. However, it did not foresee the creation of a strategic Bitcoin reserve that many crypto defenders hoped.

Initially reacting to this announcement positively, Bitcoin rose by 2.7 %to $ 106.732. However, after all the details of the execution order were announced, market sensitivity changed and the largest crypto assets lost 4 %and fell to $ 102.517.

Following this decline, Bitcoin started to be traded at $ 104.991 with a 2.1 %earnings by showing recovery signals.