Bitcoin ETFs see $200M inflows after 8 weeks of outflows, pushing BTC above $64K.
After eight consecutive weeks of outflows totaling over $8 billion, Bitcoin ETFs recorded nearly $200 million in net inflows last week, marking a positive shift for the first time in two months. Ethereum ETFs also saw their best week since April with $84.42 million inflows. This renewed institutional demand helped Bitcoin rise above $64,000 and Ether test the $1,800 resistance level. Despite this rebound, caution remains as the average acquisition cost for ETF holders is around $83,800, creating a psychological barrier that may slow further capital returns. The market's next moves will depend on Federal Reserve rate decisions, geopolitical tensions in the Middle East, and price movements closing the gap with institutional entry costs.
After eight consecutive weeks of outflows totaling over $8 billion, Bitcoin ETFs recorded nearly $200 million in net inflows last week, marking a positive shift for the first time in two months. Ethereum ETFs also saw their best week since April with $84.42 million inflows. This renewed institutional demand helped Bitcoin rise above $64,000 and Ether test the $1,800 resistance level. Despite this rebound, caution remains as the average acquisition cost for ETF holders is around $83,800, creating a psychological barrier that may slow further capital returns. The market's next moves will depend on Federal Reserve rate decisions, geopolitical tensions in the Middle East, and price movements closing the gap with institutional entry costs.
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