Crypto
Bitcoin ETFs Draw Record $174.6M Despite BTC Price Dip
Despite Bitcoin's price dipping below $80,000, U.S. bitcoin ETFs attracted $174.60 million in net inflows on Friday. Blackrock's IBIT led the charge with $117.38 million in inflows.
Ether ETFs also saw positive inflows, while Solana ETFs experienced outflows.
The strong U.S. jobs report has increased market focus on the Federal Reserve's upcoming rate decisions.
Despite the price dip and mixed crypto ETF flows, demand for bitcoin exposure remains resilient, highlighting investor interest amid economic uncertainty.