Markets
Bitcoin (BTC) gains $66,000 following bullish ETF data
Bitcoin (BTC) rose to surpassed $66,000 early Friday, reversing Thursday’s pullback less than $65,000. At the time of writing, its price was around $66,440, 0.4% higher than 24 hours ago, while the CoinDesk 20 Index (CD20), which offers a measurement of the digital asset market more broad, it was up about 1.4%. Inflows into spot bitcoin ETFs turned positive again this week, recording increases for four consecutive days. This week has also seen a number of big-name institutional players reveal sizable holdings in BTC ETFs. Morgan Stanley, for example, revealed yesterday a $269.9 million investment in Grayscale’s GBTC.