Bitcoin ETFs see first inflow in 2 months with $200M net capital entering funds
Bitcoin exchange-traded funds (ETFs) attracted about $200 million in net capital last week, marking their first positive week since May after eight weeks of withdrawals totaling over $8 billion. The inflows began strongly on Monday but were partially offset by midweek withdrawals before finishing with renewed interest on Friday. Bitcoin's price rose roughly 3% during this period, surpassing $64,000. This shift may signal returning institutional demand, but sustained inflows in coming weeks are needed to confirm a lasting trend reversal.
Bitcoin exchange-traded funds (ETFs) attracted about $200 million in net capital last week, marking their first positive week since May after eight weeks of withdrawals totaling over $8 billion. The inflows began strongly on Monday but were partially offset by midweek withdrawals before finishing with renewed interest on Friday. Bitcoin's price rose roughly 3% during this period, surpassing $64,000. This shift may signal returning institutional demand, but sustained inflows in coming weeks are needed to confirm a lasting trend reversal.
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