WorldPingFidelity surge brings in $310M BTC saving Bitcoin ETFs from a disastrous week
Friday broadened demand, yet the two-day rebound left the midweek withdrawal gap partly open.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingU.S. crypto ETFs closed the week with a broad surge in demand, led by $433.03 million flowing into bitcoin funds. Ether, solana, Zcash and HYPE products also attracted fresh capital, while XRP ETFs posted a marginal outflow.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
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WorldPingFriday broadened demand, yet the two-day rebound left the midweek withdrawal gap partly open.
Brief by WorldPing · Original reporting by CryptoSlate
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WorldPingFidelity's FBTC accounted for $310.7 million of Friday’s overall $433 million net inflow, a notable sum that helped offset earlier withdrawals.
Brief by WorldPing · Original reporting by The Block
WorldPingA Glassnode and Bybit report found Bitcoin climbed 24.6% in five August days even as active leverage fell, with short positions supplying 89% of every liquidated dollar.
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