Bitcoin ETFs Rebound with $6.21M Inflow Amid Market Volatility
- Bitcoin ETFs reversed a $426 million outflow to end the week with a $6.21 million inflow.
- The recovery was driven by a $433.03 million surge on Friday.
- Ether ETFs experienced a $140 million outflow, ending a four-week inflow streak.
- ZEC ETFs attracted $98.21 million, showing consistent daily inflows throughout the week.
- The Federal Reserve’s rate hike and Senate vote influenced midweek selloffs in crypto ETFs.
This week’s market activity was marked by significant volatility in crypto ETF flows, largely due to policy events and institutional repositioning. The dramatic turnaround for Bitcoin ETFs highlights the impact of rapid market responses to external factors.
Despite midweek challenges, Bitcoin ETF demand rebounded strongly by week’s end, contrasting with Ether’s continued outflows following policy-driven disruptions. (Source)
