Bitcoin ETFs post third straight weekly inflows despite $465 million in late-week losses

Chronological Source Flow
Back

AI Fusion Summary

Bitcoin ETFs recorded their third consecutive week of inflows, despite experiencing $465 million in outflows over two days. This selling trend, led by BlackRock's IBIT, interrupted a seven-day streak of $1 billion in inflows. Analysts attribute these losses to renewed U.S.-Iran tensions and Fed rate-hike fears. While macroeconomic uncertainties and regulatory concerns may impact future growth, the consistent weekly inflows demonstrate ongoing institutional interest in the asset class despite the late-week volatility.
Community Comments
Loading updates...
0