{"id":5026,"date":"2025-11-21T11:33:01","date_gmt":"2025-11-21T10:33:01","guid":{"rendered":"https:\/\/icobench.com\/sk\/?p=5026"},"modified":"2025-11-21T11:33:01","modified_gmt":"2025-11-21T10:33:01","slug":"krvavy-november-pre-bitcoin-etf-odlevy-sa-blizia-k-3-miliardam-dolarov","status":"publish","type":"post","link":"https:\/\/icobench.com\/sk\/news\/krvavy-november-pre-bitcoin-etf-odlevy-sa-blizia-k-3-miliardam-dolarov\/","title":{"rendered":"Krvav\u00fd november pre Bitcoin ETF: Odlevy sa bl\u00ed\u017eia k 3 miliard\u00e1m dol\u00e1rov"},"content":{"rendered":"

R\u00fdchly prepad ceny Bitcoinu pod hranicu 90 000 dol\u00e1rov spustil na trhu v\u00fdrazn\u00fa vlnu nervozity. T\u00e1 sa okam\u017eite prejavila aj v oblasti <\/span>Bitcoin ETF<\/b>. Priemern\u00fd investor do spotov\u00fdch ETF sa po prv\u00fdkr\u00e1t od ich uvedenia na trh ocitol v strate. Tento tlak okam\u017eite vidno aj na pr\u00faden\u00ed kapit\u00e1lu \u2013 <\/span>november sa men\u00ed na krvav\u00fd mesiac s rekordn\u00fdmi odlevmi BTC ETF<\/b>.<\/span><\/p>\n

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Presk\u00fama\u0165 \u0165a\u017ebu kryptomien<\/span><\/a><\/div>\n

Kryptomeny predstavuj\u00fa vysoko volatiln\u00fd investi\u010dn\u00fd produkt. Invest\u00edciou do kryptomien riskujete stratu svojho kapit\u00e1lu.<\/em><\/p>\n

Spotov\u00e9 Bitcoin ETF zaznamenali 6-d\u0148ov\u00fa s\u00e9riu str\u00e1t vo v\u00fd\u0161ke stoviek mili\u00f3nov dol\u00e1rov<\/span><\/h2>\n

Spotov\u00e9 Bitcoin ETF prech\u00e1dzaj\u00fa jedn\u00fdm z najn\u00e1ro\u010dnej\u0161\u00edch obdob\u00ed od svojho spustenia. Trh m\u00e1 za sebou u\u017e <\/span>\u0161es\u0165 dn\u00ed, po\u010das ktor\u00fdch z Bitcoin ETF odi\u0161li stovky mili\u00f3nov dol\u00e1rov<\/b>. November sa tak ve\u013emi r\u00fdchlo st\u00e1va jedn\u00fdm z najhor\u0161\u00edch mesiacov v hist\u00f3rii t\u00fdchto fondov.<\/span><\/p>\n

Len v utorok odi\u0161lo zo spotov\u00fdch <\/span>BTC ETF<\/b> \u010fal\u0161\u00edch <\/span>372,8 mili\u00f3na dol\u00e1rov<\/b>, pri\u010dom najv\u00e4\u010d\u0161\u00ed z\u00e1sah utrpel fond IBIT od spolo\u010dnosti BlackRock s rekordn\u00fdm denn\u00fdm <\/span>\u00fabytkom kapit\u00e1lu<\/b> vo v\u00fd\u0161ke<\/b> 523 mili\u00f3nov dol\u00e1rov<\/b>. Ide o jeho najhor\u0161\u00ed de\u0148 od janu\u00e1rov\u00e9ho spustenia. Naopak, po dlhom obdob\u00ed str\u00e1t zaznamenali mierny pr\u00edlev Bitcoin ETF firmy Grayscale (139 mili\u00f3nov dol\u00e1rov), no celkov\u00fa bilanciu to nezlep\u0161ilo.<\/span><\/p>\n

\"etf<\/p>\n

Zdroj: <\/span><\/i>farside.co.uk\/btc\/<\/span><\/i><\/p>\n

Tento \u0161iesty de\u0148 odlevov nadv\u00e4zuje na s\u00e9riu, ktor\u00e1 sa za\u010dala <\/span>12. novembra<\/b>, ke\u010f BTC ETF pri\u0161li o <\/span>278,1 mili\u00f3na dol\u00e1rov<\/b>. O de\u0148 nesk\u00f4r nasledoval e\u0161te prud\u0161\u00ed odlev <\/span>866,7 mili\u00f3na dol\u00e1rov<\/b>, druh\u00fd najhor\u0161\u00ed v hist\u00f3rii. Kapit\u00e1l na\u010falej odch\u00e1dzal \u2013 14. novembra bolo stiahnut\u00fdch \u010fal\u0161\u00edch 492,1 mili\u00f3na dol\u00e1rov a tlak na trh pokra\u010doval aj v nasleduj\u00facich d\u0148och.<\/span><\/p>\n

Celkov\u00e9 v\u00fdbery za november sa pribli\u017euj\u00fa k <\/span>3 miliard\u00e1m dol\u00e1rov<\/b>, \u010do z tohto mesiaca rob\u00ed <\/span>jeden z najslab\u0161\u00edch obdob\u00ed v hist\u00f3rii Bitcoin ETF<\/b>. Ak bude s\u00fa\u010dasn\u00fd trend pokra\u010dova\u0165, november m\u00f4\u017ee prekona\u0165 aj febru\u00e1rov\u00fd rekord \u2013 <\/span>3,56 miliardy dol\u00e1rov<\/b> v \u010dist\u00fdch odlevoch.<\/span><\/p>\n

Nepriazniv\u00e1 situ\u00e1cia sa prejavila aj na v\u00fdsledkoch investorov. Priemern\u00e1 n\u00e1kupn\u00e1 cena americk\u00fdch BTC ETF je pribli\u017ene <\/span>89 600 dol\u00e1rov<\/b>. Ke\u010f Bitcoin klesol pod t\u00fato hodnotu, v\u00e4\u010d\u0161ina dr\u017eite\u013eov fondov sa<\/span> prv\u00fdkr\u00e1t dostala do straty<\/b>. V\u00fdnimkou s\u00fa len t\u00ed, ktor\u00ed nakupovali medzi 40 000 a 70 000 dol\u00e1rmi, no ide o men\u0161inu.<\/span><\/p>\n

Celkov\u00fd tlak umoc\u0148uje aj situ\u00e1cia na trhu <\/span>Ethereum<\/b><\/a> ETF, ktor\u00e9 v rovnakom obdob\u00ed stratili \u010fal\u0161\u00edch <\/span>74,2 mili\u00f3na dol\u00e1rov<\/b>, pri\u010dom aj tu bol najv\u00e4\u010d\u0161\u00ed odlev v produkte BlackRocku (165 mili\u00f3nov dol\u00e1rov).<\/span><\/p>\n

S\u00e9ria mas\u00edvnych v\u00fdberov potvrdzuje, \u017ee <\/span>sentiment na trhu sa r\u00fdchlo prepol do \u201erisk-off\u201d re\u017eimu<\/b>. K\u00fdm doteraz pr\u00e1ve BTC ETF poh\u00e1\u0148ali rast Bitcoinu, aktu\u00e1lne sa st\u00e1vaj\u00fa zdrojom v\u00fdrazn\u00e9ho predajn\u00e9ho tlaku.<\/span><\/p>\n

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\ud83d\udca1 Tip: <\/b>Pre lep\u0161ie pochopenie aktu\u00e1lnej situ\u00e1cie na trhu a mo\u017en\u00e9 scen\u00e1re v\u00fdvoja Bitcoinu odpor\u00fa\u010dame pre\u010d\u00edta\u0165 si \u010dl\u00e1nok o <\/span>predikcii Bitcoinu<\/b><\/a>. V \u010dl\u00e1nku sa do\u010d\u00edtate viac o hrozbe medvedieho trhu a mo\u017enom poklese BTC pod 85 000 dol\u00e1rov spolu s k\u013e\u00fa\u010dov\u00fdmi \u00farov\u0148ami podpory.<\/span><\/em><\/p>\n<\/div><\/div>\n

Klesaj\u00face \u0161ance zn\u00ed\u017eenia \u00farokov\u00fdch sadzieb Fedu zhor\u0161uj\u00fa n\u00e1ladu na kryptotrhu<\/span><\/h2>\n

Za prudk\u00fd pokles Bitcoinu a mas\u00edvne v\u00fdbery z Bitcoin ETF m\u00f4\u017ee v posledn\u00fdch d\u0148och hlavne <\/span>zhor\u0161uj\u00faca sa makroekonomick\u00e1 situ\u00e1cia v USA<\/b>. Investori \u010doraz viac r\u00e1taj\u00fa s t\u00fdm, \u017ee Feder\u00e1lny rezervn\u00fd syst\u00e9m v decembri <\/span>nezn\u00ed\u017ei \u00farokov\u00e9 sadzby<\/b>, \u010do v\u00fdrazne zni\u017euje ochotu investorov riskova\u0165.<\/span><\/p>\n

K\u00fdm e\u0161te pred mesiacom trh po\u010d\u00edtal s decembrov\u00fdm zn\u00ed\u017een\u00edm sadzieb, dnes sa t\u00e1to n\u00e1dej r\u00fdchlo vytr\u00e1ca. Pravdepodobnos\u0165 \u0161tvr\u0165percentn\u00e9ho zn\u00ed\u017eenia sadzieb <\/span>klesla z viac ne\u017e 90 % na pribli\u017ene 46 %<\/b>. Zatia\u013e \u010do \u0161anca, \u017ee Fed sadzby nech\u00e1 nezmenen\u00e9, st\u00fapla a\u017e na 70 %. <\/span>Rozdielne n\u00e1zory medzi centr\u00e1lnymi bank\u00e1rmi<\/b><\/a> e\u0161te viac vyostruj\u00fa situ\u00e1ciu. \u010cas\u0165 z nich vol\u00e1 po uvo\u013enen\u00ed politiky, no rovnako siln\u00e1 skupina upozor\u0148uje, \u017ee infl\u00e1cia zost\u00e1va st\u00e1le vysok\u00e1.<\/span><\/p>\n

T\u00e1to neistota sp\u00f4sobila zv\u00fd\u0161en\u00fd tlak na cel\u00fd kryptotrh. Bitcoin sa prepadol k \u00farovni <\/span>88 600 \u2013 89 000 dol\u00e1rov<\/b>, \u010do je jeho najni\u017e\u0161ia cena od apr\u00edla. Ethereum kleslo pod hranicu 3 000 dol\u00e1rov po prv\u00fd raz od leta. Investori z\u00e1rove\u0148 vidia, \u017ee n\u00e1lada na tradi\u010dn\u00fdch trhoch slabne a volatilita rastie \u2013 \u010do je kombin\u00e1cia, ktor\u00e1 v\u017edy sp\u00f4sobuje presun kapit\u00e1lu do bezpe\u010dnej\u0161\u00edch akt\u00edv.<\/span><\/p>\n

Aktu\u00e1lne sa v\u0161ak Bitcoin mierne zotavil a <\/span>obchoduje sa okolo 91 808 dol\u00e1rov<\/b>, \u010do predstavuje denn\u00fd n\u00e1rast pribli\u017ene o <\/span>0,38 %<\/b>.<\/span><\/p>\n

Negat\u00edvny dopad sa prejavuje aj na p\u00e1kov\u00fdch poz\u00edci\u00e1ch. Pod\u013ea <\/span>anal\u00fdzy K33 Research<\/b><\/a> je trh s Bitcoinom v nebezpe\u010dnej situ\u00e1cii. Pr\u00e1ve preto, \u017ee <\/span>obchodn\u00edci agres\u00edvne zvy\u0161uj\u00fa n\u00e1kupn\u00e9 poz\u00edcie pr\u00e1ve v \u010dase, ke\u010f cena Bitcoinu st\u00e1le kles\u00e1<\/b>. Tak\u00e9to spr\u00e1vanie \u010dasto vedie k <\/span>\u010fal\u0161iemu prudk\u00e9mu poklesu<\/b>. Analytici preto upozor\u0148uj\u00fa, \u017ee ak sa n\u00e1lada na trhu nezlep\u0161\u00ed, Bitcoin by mohol klesn\u00fa\u0165 a\u017e do p\u00e1sma 84\u202f000 \u2013 86\u202f000 dol\u00e1rov.<\/span><\/p>\n

Aj napriek aktu\u00e1lnemu poklesu kryptotrhu na\u010falej vznikaj\u00fa r\u00f4zne inovat\u00edvne projekty ktor\u00e9 maj\u00fa ve\u013ek\u00fd bud\u00faci potenci\u00e1l. Medzi nimi vynik\u00e1 napr\u00edklad platforma PepeNode<\/a><\/strong>, ktor\u00e1 investorom v\u00fdrazne u\u013eah\u010duje \u0165a\u017ebu kryptomien.<\/span><\/p>\n