Bitcoin

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The post <a href="https://coinpedia.org/crypto-live-news/bitcoin-spot-etfs-see-significant-inflows-amid-market-rebound/" rel="noopener noreferrer nofollow">Bitcoin Spot ETFs See Significant Inflows Amid Market Rebound</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
On July 5, 2024, Bitcoin spot ETFs experienced a substantial net inflow of $143 million, highlighting renewed investor interest amid recent market volatility. Bitcoin made a strong comeback from a low of $53,550, currently trading at $56,380 and sustaining above the critical $56,000 support level.
<ul>
 <li>Grayscale ETF (GBTC): Recorded a net outflow of $28.5713 million in a single day.</li>
 <li>Fidelity ETF (FBTC): Achieved a significant single-day inflow of $117 million.</li>
 <li>Bitwise ETF (BITB): Reported a single-day inflow of $30.1948 million.</li>
</ul>
In the first half of the day, there were $334 million in long liquidations, but the recovery saw lower price rejection, leading to $134 million worth of short positions being liquidated.

Bitcoin Spot ETFs See Significant Inflows Amid Market Rebound

CoinPedia News

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