Bitcoin ETFs see $390M outflows, ending Ethereum ETFs' 5-week inflow streak
US spot Bitcoin ETFs experienced a $389.71 million outflow last week, the largest in six weeks, reversing the previous week's $853.54 million inflow. Ethereum ETFs also saw a $2.26 million outflow, breaking a five-week streak of inflows. Despite these shifts, Bitcoin's price remained stable near $63,000, suggesting these moves reflect tactical repositioning by institutional investors rather than a fundamental market change. Bitcoin ETFs have attracted significant assets since early 2024, with outflows often followed by renewed inflows, indicating ongoing institutional interest.
US spot Bitcoin ETFs experienced a $389.71 million outflow last week, the largest in six weeks, reversing the previous week's $853.54 million inflow. Ethereum ETFs also saw a $2.26 million outflow, breaking a five-week streak of inflows. Despite these shifts, Bitcoin's price remained stable near $63,000, suggesting these moves reflect tactical repositioning by institutional investors rather than a fundamental market change. Bitcoin ETFs have attracted significant assets since early 2024, with outflows often followed by renewed inflows, indicating ongoing institutional interest.
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