US spot Bitcoin exchange-traded funds (ETFs) closed a 3rd straight week within the purple, deepening issues that one in every of Bitcoin’s greatest institutional demand engines is stalling.
Spot Bitcoin (BTC) ETFs noticed $1.1 billion in internet destructive outflows throughout the previous buying and selling week, marking their fourth-largest week of outflows on file, according to Farside Buyers information.
The ETF outflows occurred throughout a big correction, as Bitcoin’s worth fell by over 9.9% throughout the previous week, to commerce at $95,740 on the time of writing, Cointelegraph data exhibits.
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The current correction marked the primary sample of an rising “mini” bear market, in keeping with crypto insights platform Matrixport.
“Our information confirmed a market shedding momentum and missing the catalysts wanted for a sustained rally,” wrote Matrixport in a Friday X post, including:
“With ETF flows weakening, OG traders decreasing publicity, and macro situations providing no fast catalyst, the trail ahead stays extremely depending on upcoming coverage choices from the Federal Reserve.”
The crypto market stays in a “pivotal juncture,” as key worth ranges and macro triggers will decide the subsequent important transfer, in keeping 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 optimistic 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 purple, in keeping with Farside Buyers.
Regardless of the optimistic ETF inflows, Solana’s worth fell 15% on the weekly chart, whereas Ether’s worth fell 11% throughout the identical interval.
Journal: Bitcoin to see ‘one more big thrust’ to $150K, ETH pressure builds
