US Bitcoin ETFs Add $75.7M Extending Positive Weekly StreakĀ 

  • Bitcoin ETF inflows reached $75.7 million last week.
  • Two straight weeks ended an eight-week outflow streak.
  • Bitcoin remains near $65,000 as institutions return cautiously.

Bitcoin ETF inflows remained positive for a second consecutive week, signaling renewed institutional interest after nearly two months of persistent withdrawals. U.S. spot Bitcoin ETFs attracted $75.7 million during the latest week, following $197.4 million in inflows the previous week. Together, the funds have recovered $273.1 million, reversing part of the more than $8.2 billion that exited the market during the earlier eight-week streak.

The latest figures come as Bitcoin trades around the $63,000 to $65,000 range, with investors watching whether stronger capital flows can support another move higher.

Bitcoin ETF Inflows Reflect Improving Institutional Sentiment

The recent Bitcoin ETF inflows suggest that institutional investors are gradually returning after months of cautious positioning. Market observers note that the recovery began after Bitcoin briefly slipped below $58,000 before rebounding in recent weeks.

Despite the improvement, analysts remain cautious. The latest inflow is significantly smaller than the record weekly totals seen earlier this year. They argue that sustained demand over several weeks will be necessary before confirming a broader shift in institutional sentiment.

The recovery also follows softer U.S. economic data, which increased expectations that the Federal Reserve could eventually ease monetary policy, improving appetite for risk assets.

Bitcoin Price Holds Firm as Investors Monitor ETF Demand

While Bitcoin ETF inflows have improved, Bitcoin itself has yet to break decisively above the $65,000 resistance area. The cryptocurrency continues to trade within a relatively tight range, suggesting buyers and sellers remain balanced.

According to market analysts, continued Bitcoin ETF inflows could gradually reduce selling pressure and strengthen price support. However, future Federal Reserve decisions and broader macroeconomic conditions are expected to remain the primary drivers of institutional demand in the coming weeks.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

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