Bitcoin ETF Records Net Inflow for the First Time in a Month

On July 6, according to data from CoinGlass, Bitcoin ETFs entered the holiday weekend with a positive trend. On July 2, these ETFs recorded a net inflow of $223.5 million, marking the first such influx since June 12. CoinGlass data indicates that Bitcoin performed relatively well over the holiday weekend, peaking at nearly $64,000, but trading prices fell below $62,000 this morning. Some pressure came from Michael Saylor's Strategy Inc. selling Bitcoin, although the market did receive some advance warning. Christopher Tahir from Exness noted in a report, 'The market's reaction may be more subdued than in the past following the company's recent policy launch.'
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned