**Weekly ETFs: Bitcoin and Ethereum Are Back, But There’s a Trick!**
- This week, Bitcoin and Ethereum spot ETFs managed to break last week’s negative trend with net inflows.
- Bitcoin ETFs are back in demand! After eight consecutive days of outflows, the week started with $235.2 million in net inflows. Fidelity’s FBTC and BlackRock’s IBIT led the way with $103.7 million and $97.9 million, respectively.
- Despite some outflows from Tuesday to Thursday, Friday was back in the positive with $253.6 million in net inflows. The weekly total is $348.5 million!
- ETH ETFs are also slightly in the green this week, although demand is still lacking. Thursday’s net inflow of $10.1 million managed to cover the previous outflows.
- BTC price surged from $58,800 to a weekly high of $63,400, while ETH is up 2% and is now trading around $2,450.
Comment below, is this a sign of a market recovery? 🚀