Bitcoin ETFs' $1.2B Streak Hangs in Balance as FOMC Takes Center Stage
U.S. spot Bitcoin ETFs have seen a seven-day inflow streak totaling $1.16 billion, with a four-week total of $2.52 billion, reflecting renewed investor confidence and a robust relief rally in the crypto market. Bitcoin is up 14% from recent lows despite rising geopolitical tensions and oil prices, while gold and the S&P 500 have declined. This trend is seen as a sign of seller exhaustion and increased institutional interest, though experts caution that ETF inflows make Bitcoin’s price both more resilient and more sensitive to shifts in macroeconomic conditions. Market optimism hinges on the upcoming Federal Reserve policy meeting, which is widely expected to keep rates unchanged. Uncertainty remains about the sustainability of current inflows, especially if inflation persists and the Fed maintains a higher-rate environment. Bitcoin has pulled back to around $72,400, and traders are cautiously optimistic, seeing a higher probability of a rally to $84,000 than a drop to $55,000.
