| Mobile Web

Bitcoin, ether spot ETFs return to net inflows, but institutional return signal still unclear

Bitcoin spot exchange-traded funds ended an eight-week streak of net outflows and turned to weekly net inflows. Thirteen products took in a combined $197 million over the week, while ether spot ETFs also returned to net inflows with $84.42 million. Bitcoin rose 3 percent on the week and briefly topped $64,000 before slipping back to around $63,500. Market watchers said the rebound does not yet indicate a clear return of institutional demand and stressed the need for sustained inflows.