Bitcoin ETF investors bought dips on Friday, with net inflows exceeding $140 million
2024-07-07 19:03:08
The price of the world's largest cryptocurrency has seen a modest rally since falling below $54,000 earlier on Friday and is now trading back up to $58,283. According to data compiled by Farside Investors, the US Spot Bitcoin ETF had a net inflow of $143.10 million on Friday, the highest inflow level in at least two weeks. The largest inflow was Fidelity-owned WiseOrigin Bitcoin Fund (FBTC), which had a net inflow of $117.40 million. Other funds with net inflows included the Bitwise Bitcoin ETF (BITB), ARK/21 Shares Bitcoin ETF (ARKB) and VanEck Bitcoin Trust (HODL).
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