News Explorer — Bitcoin ETFs Attracted $2 Billion in Deposits Even As BTC Price Dropped Below $69,000

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Jun 10, 3:17 pm

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Bitcoin ETFs Attracted $2 Billion in Deposits Even As BTC Price Dropped Below $69,000

Bitcoin exchange-traded funds (ETFs) received nearly $2 billion worth of BTC deposits last week, marking the third largest daily inflow on record. This surge in inflows comes as the price of Bitcoin experienced a significant drop below $69,000. Despite this, the overall sentiment towards crypto funds has improved, with over $2 billion in total inflows last week, primarily driven by Bitcoin funds.

Bitcoin exchange-traded funds (ETFs) received nearly $2 billion worth of BTC deposits last week, marking the third largest daily inflow on record. This surge in inflows comes as the price of Bitcoin experienced a significant drop below $69,000. Despite this, the overall sentiment towards crypto funds has improved, with over $2 billion in total inflows last week, primarily driven by Bitcoin funds.

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