Bitcoin, $2.7 billion ETF inflows this week… 7th largest of the year

Source
Suehyeon Lee

Summary

  • "Bitcoin (BTC) spot exchange-traded funds (ETFs) reportedly recorded net inflows of about $2.7 billion this week alone."
  • "TraderT said this week's US spot Bitcoin ETF net inflows were the seventh largest on a weekly basis this year."
  • "Bitcoin fell 7.57% from the previous day amid a sharp decline caused by US-China tensions."
Photo=TraderT
Photo=TraderT

Spot Bitcoin (BTC) exchange-traded funds (ETFs) saw net inflows of about $2.7 billion (about 3.7 trillion won) this week alone.

On the 11th (local time), according to TraderT, "This week's US spot Bitcoin ETF net inflows were about $2.7 billion, the seventh largest on a weekly basis this year," it said.

Meanwhile, Bitcoin is trading at $112,223.10, down 7.57% from the previous day on CoinMarketCap amid a sharp sell-off caused by US-China tensions.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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