Bitcoin, Ethereum ETFs Snap Five-Week Losing Streak as Crypto Funds Add $1 Billion
Crypto exchange-traded products attracted $1 billion in inflows last week, reversing a five-week trend of $4 billion in outflows, according to CoinShares. Institutional interest remains, with Bitcoin products accounting for $881 million of these inflows. Ethereum funds drew $117 million, Solana ETFs $54 million, and XRP products nearly $2 million. Despite inflows, $3.7 million entered short Bitcoin products, indicating divided market sentiment. Bitcoin's price rose 5% over the week, trading around $69,655, but remains down about 45% from its October 2025 high. The shift in sentiment is linked to previous price declines, technical level breaches, and increased accumulation by large investors. Investors are now focusing on re-entering the market, rather than reducing exposure. Market attention this week centers on U.S. unemployment data, with Deutsche Bank expecting a 4.3% jobless rate and emphasizing potential revisions to January data that could affect assessments, especially for younger workers.
