"Bitcoin spot ETFs recorded net inflows of $22.34 million for the week, driven by Ark & 21Shares' ARKB and Fidelity's FBTC, but momentum did not hold."
"Ether ETFs recorded $42.15 million in net outflows, extending a pattern of persistent selling, with Blackrock's ETHA being the central pressure point."
"The trading week revealed a market still searching for balance, with leadership shifting quickly and conviction remaining thin amid sharp swings."
Bitcoin ETFs recorded net inflows of $22.34 million, driven by Blackrock's IBIT and other funds, despite midweek selling. Ether ETFs faced $42.15 million in outflows, led by Blackrock's ETHA, reflecting selective demand. Solana and XRP ETFs also declined, losing $5.2 million and $3.56 million respectively. The trading week was characterized by sharp swings and a lack of consistent momentum, highlighting a market still searching for balance and investor conviction.
Read at news.bitcoin.com
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