🇺🇸 Bitcoin ETF Demand Returns With $433M Friday Inflow.
U.S. spot Bitcoin ETFs recorded approximately $433 million in net inflows on Friday, marking a sharp rebound after nearly $746 million in combined outflows across Tuesday and Wednesday. Fidelity’s FBTC led with $310.7 million, while BlackRock’s IBIT added about $108.4 million.
The renewed buying came as Bitcoin recovered above the $80,000 level after a volatile week that included the Federal Reserve’s rate hike and the Senate’s CLARITY Act setback. BTC climbed above $80K on Friday, reaching around $80,600 during the session.
However, the broader weekly picture remains more measured. Friday’s inflow was enough to bring U.S. spot Bitcoin ETFs to only about $6.2 million in net inflows for the full week, meaning most of the earlier withdrawals were recovered but not fully erased.
The Friday surge nevertheless puts institutional ETF demand back in focus, with the next few sessions showing whether the renewed buying continues or was mainly a response to Bitcoin’s sharp recovery.
$BTC $ETH #BTC Price Analysis# #Macro Insights# #ETH
U.S. spot Bitcoin ETFs recorded approximately $433 million in net inflows on Friday, marking a sharp rebound after nearly $746 million in combined outflows across Tuesday and Wednesday. Fidelity’s FBTC led with $310.7 million, while BlackRock’s IBIT added about $108.4 million.
The renewed buying came as Bitcoin recovered above the $80,000 level after a volatile week that included the Federal Reserve’s rate hike and the Senate’s CLARITY Act setback. BTC climbed above $80K on Friday, reaching around $80,600 during the session.
However, the broader weekly picture remains more measured. Friday’s inflow was enough to bring U.S. spot Bitcoin ETFs to only about $6.2 million in net inflows for the full week, meaning most of the earlier withdrawals were recovered but not fully erased.
The Friday surge nevertheless puts institutional ETF demand back in focus, with the next few sessions showing whether the renewed buying continues or was mainly a response to Bitcoin’s sharp recovery.
$BTC $ETH #BTC Price Analysis# #Macro Insights# #ETH
