BTC Price Index and Live Chart – CoinDesk”>(BTC) that saw its price fall more than 10% from the pre-holiday level. They decided to remove the offer based on ETF data.

data compiled by Farside Investors shows that U.S.-based ETFs for spot bitcoin saw net inflows of $143.1 million on Friday. This was the highest inflows seen in at least two week.

Net new money of $117,4 million was received by Fidelity Wise Origin Bitcoin Fund. Net inflows to funds included the Bitwise Bitcoin ETF, the ARK/21 shares Bitcoin ETF and the VanEck Bitcoin Trust. As usual, Grayscale Bitcoin Trust (GBTC), which charges a high fee for its services, continued to lose assets.

Bitcoin’s price has experienced a modest bounce after falling from almost $61,000 on Wednesday to just under $54,000 by early Friday. It is currently trading at $56,800. This is a 6% drop from last week’s levels, and a 23% drop from its high of $73,500 in mid-March.

The trustees of the defunct Mt. Gox has begun returning to former customers 140,000 bitcoins, and the German government appears to have moved to sell some of the thousands it holds.

Read more: Crypto Crash Pushes Fear & Greed Index Lowest since Bitcoin Traded at $1.7K in Early 2023