Bitcoin ETFs break seven-day inflow streak with $225M outflows
First net outflows since mid-July recorded
1Sudden shift in Bitcoin ETFs
US-listed spot Bitcoin ETFs saw their first net outflows since July 13 after attracting nearly $1 billion over seven trading days. The $225 million outflow reflects market volatility amid shifting investor sentiment.
2Market conditions tighten
Outflows coincided with US stock declines as tensions between the US and Iran reignited. Bitcoin briefly dipped below $65,000 before recovering to $65,403 at publication time.
3Investor sentiment weakens
The Crypto Fear Greed Index dropped 3 points to 28, remaining in 'fear' territory. This indicates reduced risk appetite among crypto investors.
4Weekly inflows still positive
Despite Thursday's outflows, the funds attracted $274 million in net inflows this week, suggesting continued interest from long-term investors.
5Ether ETFs maintain inflow streak
Spot Ether ETFs extended their inflow streak to five days with $26.3 million in net inflows, showing divergent demand across crypto assets.
6Market uncertainty persists
Geopolitical tensions and macroeconomic conditions continue influencing crypto demand. Investors should remain cautious about short-term volatility in digital assets.
Original article: Cointelegraph.com News — Bitcoin ETF'lerinde 7 günlük giriş serisi sona erdi