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Bitcoin (BTC) News Today: ETF Flows Defy Market Trends Amid Fed Speculation

  • On Friday, Grayscale Bitcoin Trust (GBTC) saw net outflows of $36.3 million.
  • Bitwise Bitcoin ETF (BITB) had net outflows of $7.9 million.
  • iShares Bitcoin Trust (IBIT) reported net inflows of $168.3 million, with ARK 21Shares Bitcoin ETF (ARKB) seeing net inflows of $6.0 million.
  • Seven issuers, including Fidelity Wise Origin Bitcoin Fund (FBTC), had zero net flows.

The Friday figures reflected the impact of the US Jobs Report on market risk sentiment. Nevertheless, the extended inflow streak may support BTC at current price levels. However, market dynamics can shift next week, with the US CPI Report and FOMC interest rate decision in focus.

Nate Geraci, President of ETF Store, commented on the recent trends in BTC-spot ETF market flows, stating,

“iShares Bitcoin ETF took in nearly *$1 bil* this week… Spot bitcoin ETFs altogether took in about *$2 bil*. I don’t think people…

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