Bitcoin ETFs See $700M Net Inflows in 5 Trading Days as Whales and Options Traders Accumulate

BTC1.77%

According to CoinDesk, U.S. spot Bitcoin ETFs attracted net inflows exceeding $700 million over the past 5 trading days on July 22, marking the longest consecutive inflow period since May.

Large Bitcoin holders have increased positions over the past two months, while derivatives traders are actively buying bullish call spreads with a target price of $72,000 before month-end.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments