Bitcoin ETF investors bought the dip on Friday, with net inflows exceeding $140 million
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).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trending news
MoreEton Pharmaceuticals, Inc. announced that, in addition to the acquisition of core assets, the company also plans to purchase approximately $1.5 million worth of inventory products at the time of transaction closing.
Eton Pharmaceuticals, Inc. has signed a licensing agreement to successfully acquire the exclusive U.S. marketing rights for Hemangeol oral solution from Pierre Fabre Medicament Sas.