SPOT BITCOIN ETFS SEE INFLUX OF $143 MILLION ‼️‼️‼️‼️
- Spot Bitcoin ETFs saw $143 million in inflows on Friday, indicating institutional investors are buying the dips.
FIDELITY AND BITWISE LEAD THE INVESTMENT CHARGE
- Fidelity Bitcoin ETF led the inflows with $117 million, followed by Bitwise Bitcoin ETF with $30 million.
BITWISE CEO REVEALS STRATEGIC BUYING
- Bitwise CEO Hunter Horsley revealed they have been buying Bitcoins at a cost of less than half a basis point.
STRONG HANDS ACCUMULATE BITCOIN
- Despite outflows earlier in the week, the recent inflows suggest strong hands are accumulating Bitcoin.
PETER SCHIFF PREDICTS CAPITULATION
- Peter Schiff predicts a larger drop in Bitcoin prices may lead to capitulation by ETF investors.
BUYING OPPORTUNITY FOR NEW AND EXISTING INVESTORS
- The current market dip presents a buying opportunity for new and existing investors, according to Horsley.
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