Bitcoin ETF Records Net Inflow for the First Time in Nearly a Month

Glonghui July 6｜According to CoinGlass data, Bitcoin ETF has entered the holiday weekend with a positive stance. On July 2, these ETFs recorded a net inflow of $223.5 million, marking the first such influx of funds since June 12. CoinGlass data shows Bitcoin performed mostly positively over the holiday weekend, rising up to nearly $64,000 at its peak, but trading below $62,000 this morning. Some pressure is coming from the sale of Bitcoin by Michael Saylor's Strategy Inc.—although the market did receive some early warning. Christopher Tahir from an exchange wrote in a report: “After the company recently introduced its new policy, the market reaction may be more subdued than in the past.”