Bitcoin ETF investors bought the dip on Friday, with net inflows exceeding $140 million
Since falling below $54,000 earlier on Friday, the price of the world's largest cryptocurrency has seen a moderate rebound, currently trading at $58,283. According to data compiled by Farside Investors, the net inflow of the US Bitcoin ETF on Friday was $143.1 million, the highest level in at least two weeks. The fund with the highest net inflow was the WiseOrigin Bitcoin Fund (FBTC) under Fidelity, with a net inflow of $117.4 million. Other funds with net inflows include Bitwise Bitcoin ETF (BITB), ARK/21 Shares Bitcoin ETF (ARKB), and 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.
