Bitcoin ETFs see $510M inflows, ending 8 weeks of outflows, hinting at market recovery.
After eight weeks of continuous outflows totaling $8 billion, Bitcoin ETFs on Wall Street have recorded $510 million in inflows over three days, signaling a potential market turnaround. Institutional investors, who bought at an average Bitcoin price of $83,800, are still facing unrealized losses as the current price hovers around $62,000. While whale selling has slowed, ongoing Federal Reserve policies and geopolitical tensions continue to create uncertainty. This inflow suggests cautious optimism but lasting recovery depends on broader economic conditions and central bank decisions.
After eight weeks of continuous outflows totaling $8 billion, Bitcoin ETFs on Wall Street have recorded $510 million in inflows over three days, signaling a potential market turnaround. Institutional investors, who bought at an average Bitcoin price of $83,800, are still facing unrealized losses as the current price hovers around $62,000. While whale selling has slowed, ongoing Federal Reserve policies and geopolitical tensions continue to create uncertainty. This inflow suggests cautious optimism but lasting recovery depends on broader economic conditions and central bank decisions.
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