Bitcoin Spot ETFs Turn the Corner With Fresh Weekly Inflows After Long Drought
Bitcoin Spot ETFs Turn the Corner With Fresh Weekly Inflows After Long Drought
After nearly two months of steady money leaving the market,
What the Numbers Show
The 13 spot Bitcoin ETFs pulled in a combined <75.7 million dollars> last week. This came on top of the <197.4 million dollars> that arrived the week before. Even a single bad day that saw <424.7 million dollars> leave did not stop the overall positive trend.
These back-to-back weeks of inflows stand out because they follow eight straight weeks of outflows. Experts see this shift as an early sign that selling pressure may be easing.
Why This Matters for Market Sentiment
Richard Galvin, executive chairman at DACM, called the change a clear
Flows into Ether ETFs have also picked up, adding to the sense that risk appetite is slowly coming back.
Bitcoin Price Holds Key Levels
Bitcoin has climbed back above its 200-week moving average near <63,300 dollars>. This line is watched closely because it often separates long bear markets from new bull phases. The token has spent weeks stuck between <60,000 and 65,000 dollars> while traders waited for clearer macro signals.
Even with fresh tensions in the Middle East, Bitcoin showed strength in Asian trading and briefly moved above <65,000 dollars>. That resilience surprised some observers given the broader sell-off in risk assets.
Macro Risks Still in Play
Damien Loh, chief investment officer at Ericsenz Capital, warned that the US-Iran conflict could push inflation higher. If the Federal Reserve responds by keeping rates elevated or even raising them, institutions may stay on the sidelines a bit longer.
Loh added that passage of the Clarity Act before Congress breaks for summer could act as a strong catalyst. Clearer rules would likely bring more big players into the market and help Bitcoin break out of its current range.
Strategy Inc. Sales Add Context
Bitcoin is still down about <10 percent> since early June. Part of the pressure came from Strategy Inc., which sold Bitcoin for the first time since 2022. The company needed cash to cover dividends after the price fell from its October high of <126,000 dollars>. The latest sale totaled <216 million dollars>, far larger than the small <2.5 million dollar> sale earlier.
These moves show that even long-term holders can face pressure when prices stay low for extended periods.
What Comes Next
Two weeks of inflows do not guarantee a new bull run, but they do break a long negative streak. If the trend continues and macro conditions stabilize, Bitcoin could test higher levels soon. Traders will be watching ETF flow data closely in the coming weeks for further confirmation that the worst may be behind us.