Bitcoin ETFs Post Third Consecutive Week of Inflows Amid Market Volatility
Bitcoin ETFs have seen their third consecutive week of inflows despite experiencing $465 million in outflows late last week. The modest recovery suggests a return to cautious but steady interest in Bitcoin ETFs, according to recent data.
The trend marks an end to eight weeks of outflows since mid-May, indicating that institutional demand is slowly picking up again. This comes after Bitcoin prices peaked above $66,500 in July before retreating below $64,000 amid profit-taking and weak stock market performance.