US spot Bitcoin exchange-traded funds (ETFs) closed a 3rd straight week within the pink, deepening considerations that one among Bitcoin’s largest institutional demand engines is stalling.
Spot Bitcoin (BTC) ETFs noticed $1.1 billion in internet damaging outflows in the course of the previous buying and selling week, marking their fourth-largest week of outflows on file, in accordance to Farside Buyers information.
The ETF outflows occurred throughout a major correction, as Bitcoin’s value fell by over 9.9% in the course of the previous week, to commerce at $95,740 on the time of writing, Cointelegraph information exhibits.
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The current correction marked the primary sample of an rising “mini” bear market, based on crypto insights platform Matrixport.
“Our information confirmed a market dropping momentum and missing the catalysts wanted for a sustained rally,” wrote Matrixport in a Friday X put up, including:
“With ETF flows weakening, OG traders lowering publicity, and macro situations providing no speedy catalyst, the trail ahead stays extremely depending on upcoming coverage selections from the Federal Reserve.”
The crypto market stays in a “pivotal juncture,” as key value ranges and macro triggers will decide the subsequent important transfer, based on Matrixport.
US spot Bitcoin ETF inflows and investments from Michael Saylor’s Technique have been the primary 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 constructive 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 pink, based on Farside Buyers.
Regardless of the constructive ETF inflows, Solana’s value fell 15% on the weekly chart, whereas Ether’s value fell 11% throughout the identical interval.
Journal: Bitcoin to see ‘another large thrust’ to $150K, ETH stress builds
