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Blackrock’s IBIT Drives $175M ETF Inflows as Bitcoin’s Price Falls Below $80K
Published Source: Bitcoin.com NewsRead original
Crypto Insight Summary: U.S. bitcoin exchange-traded funds (ETFs) closed Friday with $174.60 million in net inflows, even as bitcoin’s price slipped back below $80,000. Ether and HYPE funds also attracted capital, while solana ETFs posted outflows. Bitcoin ETF Demand Holds Despite Price Retreat Wall Street ended the week with two competing signals: resilient demand for bitcoin exposure and […] Crypto Insight Analysis: Direction: Bullish BTC / Neutral ETH / Bearish SOL Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Bitcoin ETF inflows show institutional demand, but price drop suggests market uncertainty.