Bitcoin Price Holds Above $62K as ETF Inflows Return Amid Iran War
10 Articles
10 Articles
Bitcoin retreated to about $63,000 after the outbreak of hostilities between the United States and Iran, while oil rose out of fear of disruptions in the Strait of Ormuz. Still, the Bitcoin and Ether ETFs broke an eight-week run of exits, a sign that institutional demand still tries to sustain the market. *** Bitcoin fell more than 1% and was located close to $63,000, in the middle of a global wave of risk aversion. Brent’s futures rose more tha…
By succeeding in recording $187.4 million of entries, the U.S. Bitcoin spot ETFs managed to end an 8-week red series. Light on the worst performance in their history. The article 8.25 billion dollars of outputs: Bitcoin ETFs put an end to 8 weeks of hemorrhage appeared first on Cryptoast.
Bitcoin Spot ETFs End 8-Week Outflow Streak With $197M Inflows
An eight-week outflow streak means that for nearly two full months, more money left these products than entered them on a net basis. That kind of sustained redemption pressure typically reflects a combination of risk-off positioning, profit-taking from earlier entrants, and macro uncertainty dampening new allocations.Read more...
Bitcoin ETFs See $197M Inflows, Breaking 8-Week Outflow Run
US-listed spot Bitcoin exchange-traded funds (ETFs) posted a net inflow of $197.4 million for the week ended Friday, ending an eight-week run of weekly outflows that dated back to May, according to data compiled by Farside Investors. While the reversal is meaningful for market sentiment, the scale of the latest inflow remains small relative to the broader drawdown from investors. The same dataset shows that since May 11, investors have withdrawn…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
