I noticed an interesting point in the US spot Bitcoin ETF market — after five weeks of nearly $4 billion in outflows, a rebound has begun. Recently, $225 million of fresh money came in, with BlackRock's IBIT leading clearly with an inflow of $322 million. It seems that major players are starting to return. ETF funds appear to be becoming the main channel for institutional investors in crypto. However, not everything is smooth — Fidelity and Grayscale are losing money, having withdrawn about $90 million and $28 million respectively. Bitcoin has increased by 5.2% over the week, which slightly calms the mood. But Ether ETF funds experienced outflows of $10.8 million — traders seem cautious amid geopolitical risks. Meanwhile, XRP and Solana funds show moderate inflows, indicating selective demand. The market is clearly waiting for clarity for now, but the recovery trend in spot Bitcoin ETFs looks positive.