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US Spot Bitcoin ETFs Record Net Inflows, Has Bitcoin Price Really Bottomed?

US Spot Bitcoin ETFs Record Net Inflows, Has Bitcoin Price Really Bottomed?


CoinGape
2024-06-26 04:25:24

After seven consecutive days of strong outflows, the spot Bitcoin ETFs have finally turned the trajectory recording $31 million in net inflows on Tuesday, June 25. While the Grayscale GBTC saw net outflows, Fidelity FBTC managed to offset this with $48.8 million in inflows. Bitcoin price has reacted positively to this development shooting past $62,000. The post US Spot Bitcoin ETFs Record Net Inflows, Has Bitcoin Price Really Bottomed? appeared first on CoinGape .


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