Bitcoin ETF inflows rebound to $74.57 million, analyst eyes $363,000 target

Bitcoin received heightened attention from institutional investors as spot Bitcoin ETFs in the United States rebounded with net inflows of $74.57 million on November 4. Fidelity’s FBTC fund recorded a notable $237 million in new investments, positioning itself as the leader among ETFs for the session. Data provided by SoSoValue also showed that spot Ether ETFs ended a five-day streak of outflows, attracting $53.02 million on the same day. The return of net inflows after three sessions of withdrawals reflects changing sentiment among institutional participants.

Source: CoinTurk News