Bitcoin ETFs See Best Weekly Inflows Since May After Price Swoon

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After the price of the world’s largest cryptocurrency dropped to its lowest level since February a week ago, dip buyers returned in a big way to give Bitcoin exchange-traded funds their best inflows in more than a month.

Spot Bitcoin ETFs took in $882 million during the week ended July 11, with an average of $175 million coming in per day, according to JPMorgan data. That’s most inflows since the period ended May 23.

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