Bitcoin ETF Flows Show Mixed Trends Amid Price Drop

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.