2026-02-03 09:14:09

Big money comming to the firesale 🔥💰

GateNewsBot

2026-02-03 07:49:26

Bitcoin returns to $78,000! ETF attracts $561 million, institutional "bottom-fishing signal" reappears?

Bitcoin has experienced a rebound after a series of declines, with prices rising about 4% in the past 24 hours, regaining the $78,000 level. Previously, the market was hit by a chain of liquidations caused by large-scale sell-offs, and short-term sentiment was clearly under pressure. However, the latest capital movements have injected new vitality into the market.

A key factor driving this rebound is the US spot Bitcoin ETF. Data shows that related products saw a net inflow of approximately $561 million in a single day, ending the previous outflow of funds. Among them, Fidelity's FBTC saw an inflow of $153.35 million, and BlackRock's IBIT recorded a net inflow of $141.99 million. The return of institutional funds is seen as a recognition of the current price range and provides direct buying support for the spot market.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.