US spot Bitcoin exchange-traded funds (ETFs) closed a 3rd straight week within the pink, deepening issues that certainly one of Bitcoin’s greatest institutional demand engines is stalling.
Spot Bitcoin (BTC) ETFs noticed $1.1 billion in internet unfavourable outflows throughout the previous buying and selling week, marking their fourth-largest week of outflows on document, in line with Farside Buyers information.
The ETF outflows occurred throughout a big correction, as Bitcoin’s value fell by over 9.9% throughout the previous week, to commerce at $95,740 on the time of writing, Cointelegraph information reveals.
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The current correction marked the primary sample of an rising “mini” bear market, in line with crypto insights platform Matrixport.
“Our information confirmed a market dropping momentum and missing the catalysts wanted for a sustained rally,” wrote Matrixport in a Friday X submit, including:
“With ETF flows weakening, OG buyers decreasing publicity, and macro circumstances providing no quick catalyst, the trail ahead stays extremely depending on upcoming coverage selections from the Federal Reserve.”
The crypto market stays in a “pivotal juncture,” as key value ranges and macro triggers will decide the subsequent vital transfer, in line with Matrixport.
US spot Bitcoin ETF inflows and investments from Michael Saylor’s Technique have been the principle demand drivers for Bitcoin in 2025.
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Solana ETF inflows defy market gravity
Spot Solana (SOL) ETFs proceed to defy the gravity of the cryptocurrency market, producing constructive inflows regardless of the broader downturn.
Solana ETFs ended final week with $12 million in inflows on Friday, logging 13 days of consecutive inflows since their launch on Oct. 29.
Spot Ether (ETH) ETFs logged $177 million in outflows on Friday, marking the fourth consecutive day within the pink, in line with Farside Buyers.
Regardless of the constructive ETF inflows, Solana’s value fell 15% on the weekly chart, whereas Ether’s value fell 11% throughout the identical interval.
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