-
Bitcoin Surges On Huge ETF Inflows
Bitcoin bulls are enjoying some relief today with Bitcoin futures rebounding as we cross through the middle of the week. Following heavy selling on Friday , the market found fresh demand into a test of the 53,525 level and is now turning higher once again. It seems the correction lower proved an attractive proposition for those banking on an eventual resumption of the bull trend in BTC. Industry data shows huge BTC ETF inflows over the last 3 days as institutional investors bought the dip. More than $650 million in inflows were seen since July 5th with BlackRock alone recording almost $200 million of that. The fresh ... (full story)
