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Bitcoin ETF investors bought the dip on Friday, with net inflows exceeding $140 million

Bitget2024/07/07 23:17

Golden Finance reported that since falling below $54,000 early Friday, the price of the world's largest cryptocurrency has rebounded modestly, and is currently trading back up to $58,283. According to data compiled by Farside Investors, U.S. spot Bitcoin ETFs saw net inflows of $143.1 million on Friday, the highest level of inflows in at least two weeks. The largest inflow was from Fidelity's WiseOrigin Bitcoin Fund (FBTC), which saw net inflows of $117.4 million. Other funds with net inflows included the Bitwise Bitcoin ETF (BITB), the ARK/21 Shares Bitcoin ETF (ARKB), and the VanEck Bitcoin Trust (HODL).

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