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Blackrock’s IBIT Drives $175M ETF Inflows as Bitcoin’s Price Falls Below $80K

News.Bitcoin.com
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Blackrock’s IBIT Drives $175M ETF Inflows as Bitcoin’s Price Falls Below $80K

U.S. bitcoin exchange-traded funds (ETFs) closed Friday with $174.60 million in net inflows, even as bitcoin’s price slipped back below $80,000. Ether and HYPE funds also attracted capital, while solana ETFs posted outflows. Bitcoin ETF Demand Holds Despite Price Retreat Wall Street ended the week with two competing signals: resilient demand for bitcoin exposure and […]

Key Takeaways

  1. bitcoin exchange-traded funds (ETFs) closed Friday with $174.60 million in net inflows, even as bitcoin’s price slipped back below $80,000.
  2. Ether and HYPE funds also attracted capital, while solana ETFs posted outflows.
  3. Bitcoin ETF Demand Holds Despite Price Retreat Wall Street ended the week with two competing signals: resilient demand for bitcoin exposure and […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.