Bitcoin surges to $58,000 amid renewed ETF inflows

Spot Bitcoin (BTC) exchange-traded funds (ETF) registered $45 million in inflows on Aug. 7, according to Farside Investors. As a result, Bloomberg senior ETF analyst Eric Balchunas highlighted how surprised he is with the funds' holders during the recent pullbacks."I'm bullish as it gets re ETF investors' intestinal fortitude (in all asset classes) but even I'm surprised here. I was expecting... source: https://cryptobriefing.com/bitcoin-etf-trading-surge/