🔥Bitcoin and Ethereum ETF inflows return after 8 weeks: Has the bottom come close?


For the week ending 10/07, spot ETF flows in the US officially turned positive again after a streak of long, record-breaking capital outflows:
- BTC ETF: +$197.4M — first positive week since early May, ending an 8-week consecutive negative streak (the longest since launch)
- ETH ETF: +$84.4M — also ends an 8-week outflow streak
-> Total net assets rebound: BTC ETF up to $77.42B, ETH ETF up to $9.59B as Fed Warsh signals that inflation risks are cooling, alongside a weaker jobs report that reinforces expectations for easing.
$282M is still far too small to say that the accumulation trend has returned. Especially when compared with the $9.46B that was withdrawn over the previous 8 weeks, this week only recaptured about 3% of the outflow.
BTC-2.65%
ETH-1.11%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned