Bitcoin Price Prediction: ETF Inflows Snap Four-Session Streak of Outflows
The Bitcoin price prediction is gaining traction after U.S.-listed Bitcoin ETFs ended their four-session outflow streak. The timing of this change in sentiment matters, with Bitcoin trading near $64,000 and rebounding from a brief dip below that level on Wednesday.
Wednesday's net inflows reached $32.1 million, marking the end of four consecutive sessions of outflows totaling more than $500 million. This change in direction offers a clearer signal of institutional sentiment, as monthly net inflows for US spot Bitcoin ETFs now stand above $220 million and cumulative lifetime inflows remain above $51 billion.
The contrast between Bitcoin and Ether ETFs is striking, with spot Ether ETFs recording $18.65 million in net outflows on Wednesday. However, Ether ETFs still hold stronger monthly inflows than their Bitcoin counterparts, suggesting institutions remain selective rather than pulling capital from digital assets altogether.