The post Bitcoin ETF Flows Show Mixed Trends Amid Price Drop appeared first on Coinpedia Fintech News
On July 2, 2024, Bitcoin ETF flows revealed mixed trends with a total net outflow of $13.7 million. IBIT led inflows with $14.1 million, followed by FBTC ($5.4 million) and HODL ($3.5 million). ARKB gained $2.5 million. In contrast, GBTC saw a substantial outflow of $32.4 million, with BITB also losing $6.8 million. ETFs like BTCO, EZBC, BRRR, BTCW, and DEFI reported neutral flows.
Meanwhile, Bitcoin’s price dropped by 3.47% over the past 24 hours, testing the $60,000 support level and trading at $60,891.