Spot Bitcoin ETFs pull in $996 million in weekly inflows, the best showing in three months
ChainCatcher reports that spot Bitcoin ETFs logged about $996 million in net inflows last week, their strongest weekly tally in three months and a sign of renewed risk appetite. Inflows picked up into week-end: Friday alone brought in $664 million, the largest daily gain of the week. Tuesday and Wednesday added $412 million and $186 million, respectively. Thursday cooled to $26 million, while Monday saw roughly $291 million in net outflows.
By Friday, spot Bitcoin ETF assets under management topped $101 billion, with daily trading volume close to $4.8 billion. Analysts linked the inflows largely to easing geopolitical concerns, citing de-escalating U.S.-Iran tensions and the resumption of shipping through the Strait of Hormuz. That shift reduced demand for traditional safe havens such as the U.S. dollar and steered capital back toward risk assets including cryptocurrencies.
Bitcoin remains range-bound, with resistance around $75,000 and support near $72,000. The market is in a "liquidity reallocation" phase and has yet to form a clear directional trend.