US Spot Bitcoin ETFs Pull in Nearly $1B for a Third Straight Week
US spot Bitcoin ETFs recorded nearly $1 billion in net inflows last week, extending their positive run to three consecutive weeks as institutional demand continued to recover.
Bitcoin
13
July
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By Sagar Dua - 130
Last week, the BTC/USD pair rose above 64600.00, but today it gave up those gains and declined toward 62500.00 (Murray level [0/8]).
6
July
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By John Isige - 218
Last week, the BTC/USD pair corrected upward and consolidated above the middle line of the Bollinger Bands at 62,500.00 (Murray level [0/8]) amid a reduced likelihood of further tightening in US Federal Reserve monetary policy after June US labour-market data showed signs of cooling. Non-farm payrolls declined from 129.0 thousand, revised down from 172.0 thousand, to 57.0 thousand, nearly half the preliminary estimate of 110.0 thousand. Unemployment fell from 4.3% to 4.2%, although this was largely driven by a decline in the labour-force participation rate. As a result, the US dollar weakened substantially against a broad range of alternative assets, while investor appetite for risk increased.
29
June
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By John Isige
- 165
Last week, BTC/USD declined and is currently testing 59,375.00 (Murray level [–1/8]), close to annual lows, under pressure from growing expectations of imminent monetary tightening by the US Federal Reserve, supported by incoming macroeconomic data.
25
June
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By John Isige
- 173
CryptoQuant has issued a “red alert” for Michael Saylor’s Bitcoin-focused company Strategy. The on-chain analytics firm believes that the company, which holds more than half a million Bitcoin, should temporarily pause BTC purchases and prioritise rebuilding its cash reserves as dividend pressure rises, liquidity buffers shrink, and investor confidence begins to weaken.
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By John Isige
- 190
Bitcoin is going through one of its most difficult periods since the 2024 halving, repeatedly losing key support levels despite the US stock market maintaining strong momentum on the back of the artificial intelligence boom.
20
June
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By Andrew Bennett - 233
Franklin Templeton applies for two ETFs that reinvest dividends from U.S. stocks into Bitcoin exposure, combining equities with crypto.
15
June
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By John Isige
- 219
The BTC/USD pair managed to recover the positions it had previously lost after declining to a multi-month low of 59100.00, and during the Asian session it is holding near 65686.21. Despite the local rebound, the largest cryptocurrency by market capitalization still shows signs of a correction nearing completion. According to Glassnode analysts, most investors — more than 95.0% — who entered the market in recent months are currently recording losses, while demand has not yet managed to return to pre-crisis levels.
11
June
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By John Isige
- 269
CryptoQuant believes Bitcoin may be approaching a potential market bottom. However, weak demand and ongoing ETF outflows still argue against a fast recovery.
8
June
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By John Isige
- 193
Last week, BTC/USD declined steadily under the influence of monetary and geopolitical factors, renewing a multi-month low at 59100.00, while the dollar strengthened against alternative assets amid rising tensions in the Middle East and a higher probability of tighter monetary policy from the U.S. Federal Reserve.
1
June
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By John Isige
- 158
Last week, BTC/USD actively lost value and is currently holding near three-month lows around 72700.00. The market remains under pressure from geopolitical and monetary factors that are significantly reducing investor interest in risk assets.
25
May
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By John Isige
- 556
BTC/USD reversed at 82,000.00 and has been correcting lower for the third consecutive week, reaching a low of 74,215.30 over the weekend before partially recovering today.
19
May
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By John Isige
- 201
The sell-off in US spot Bitcoin ETFs is accelerating. At the start of the week, investors pulled approximately $649 million from the funds in a single day — continuing the weak trend that has defined recent trading sessions. The previous week had already seen significant capital withdrawals, with only the preceding Monday and Thursday recording modest inflows.