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‼️ Bitcoin ETF halts weekly outflow of $1.72 billion
🟠 Bitcoin ETFs started this week with a net inflow of $6.8 million, ending a five-day outflow totaling nearly $1.72 billion.
✅ According to Farside Investors, the biggest gains were seen in IBIT from BlackRock and Grayscale BTC, which attracted $15.9 million and $7.7 million respectively, while some other funds lost money.
The reversal occurred against the backdrop of Bitcoin's price dropping to around $87 815. But if the inflow increases, the price could rise a little more.