The Bitcoin price correction provides strong opportunity for ETF investors to buy the dips.
Spot Bitcoin (BTC) ETFs experienced a surge in outflows on July 6, following the recent US Independence Day, during which Bitcoin’s (BTC) price dropped below $54,000.
According to Farside monitoring, this is their largest net inflow in a month, with a remarkable $143.1 million flowing into these financial products.
The Fidelity Bitcoin ETF (FBTC) led the inflows with an impressive $117 million, highlighting strong investor confidence in the fund. Following FBTC, the Bitwise Bitcoin ETF (BITB) recorded a net inflow of $30.2 million, while the ARKB and HODL ETFs saw inflows of $11.3 million and $12.8 million, respectively.
