Bitcoin ETFs break 2-week outflow streak with $301M comeback

Bitcoin ETFs break 2-week outflow streak with $301M comeback

Summary

US spot Bitcoin ETFs recorded about $301 million in net inflows last week, ending a two-week outflow streak. They gained $1.08 billion from Monday to Wednesday as Bitcoin rose to $84,777, then lost about $774 million on Thursday and Friday as its price fell toward $80,000. DWF Labs research found net ETF outflows in seven of eight Bitcoin sell-offs of at least 15% since the funds launched in January 2024. Bitcoin was around $80,025, down 3.3% over the week. US spot Ether ETFs saw a fourth straight week of outflows, losing about $221 million.