Bitcoin ETFs recorded a modest $3 million inflow, ending a 13-day outflow streak, while Ethereum ETFs also snapped a 17-day outflow run. This shift suggests a temporary pause in the selling pressure that has characterized the market for weeks. Analysts note that traders are rotating into equity perpetual futures ahead of the Non-Farm Payrolls (NFP) report, indicating a tactical repositioning rather than a fundamental change in crypto sentiment. The key data point is the end of prolonged outflow streaks, signaling potential short-term stabilization. Watch for sustained inflows post-NFP to confirm a trend reversal.
The cessation of prolonged ETF outflows, even if small, provides a crucial relief valve for Bitcoin and Ethereum. This temporary stabilization could prevent further downside, allowing institutional capital to reassess positions after recent market volatility.
This news highlights crypto's increasing correlation with broader risk-on/risk-off macro sentiment. ETF flows are now a primary indicator of institutional demand and market liquidity. Sustained positive flows are essential for Bitcoin to regain upward momentum.
Bitcoin ETFs ended a 13-day outflow streak with $3M inflows, and ETH ETFs snapped a 17-day run ahead of NFP as traders rotate to equity perps.