Bitcoin ETF Flows Turn Positive as Ethereum Outflows Persist
Spot Bitcoin ETF flows turned positive after a volatile period, although demand slowed sharply from the previous week’s $2.39 billion inflow. Earlier figures showed a late-week rebound, including a $433.03 million daily inflow and weekly net inflows of about $6.21 million. Updated data put the latest weekly net inflow at approximately $83 million, lifting Bitcoin ETF flows into positive territory for the year.
Bitcoin ETF flows were mixed throughout the week. Funds recorded inflows of $31.07 million on Monday, $66.19 million on Tuesday, $102.67 million on Thursday and about $31.7 million on Friday. Wednesday saw $148.69 million in outflows, despite softer-than-expected US PCE inflation data. The volatility highlights how ETF demand remains sensitive to macroeconomic signals and investor risk appetite.
Ethereum ETF flows remained weaker. After a $17.10 million inflow on Monday, funds posted daily outflows from Tuesday through Friday, producing weekly net outflows of about $114 million. Earlier data also showed Ethereum ETF outflows of roughly $140 million during a volatile week. Cumulative Ethereum ETF net inflows fell from a recent peak of $13.94 billion to $13.80 billion.
For crypto traders, Bitcoin ETF flows remain a modest support for BTC, but the sharp slowdown suggests limited near-term conviction. Persistent Ethereum ETF outflows point to weaker institutional demand for ETH and could increase short-term volatility across both markets. BTC currently has the stronger flow signal, while ETH faces greater downside pressure unless ETF demand improves.
Neutral
The combined impact is neutral because the signals diverge between the two major cryptocurrencies. Bitcoin ETF flows turned positive for the year and recorded a late rebound, which may provide short-term support for BTC and limit downside risk. However, the latest weekly inflow of about $83 million was far below the previous week’s $2.39 billion, indicating that institutional demand has weakened considerably. Mixed daily flows also suggest that BTC remains highly sensitive to inflation data, interest-rate expectations and broader risk sentiment.
Ethereum faces a less supportive setup. Repeated weekly outflows, including approximately $114 million in the latest period, and a decline in cumulative ETF inflows from $13.94 billion to $13.80 billion point to continued institutional caution. This could weigh on ETH in the short term and create relative underperformance against BTC.
Historically, ETF inflows can strengthen momentum when they are large and persistent, while isolated rebounds often have a limited effect if follow-through is absent. In the longer term, sustained Bitcoin ETF demand would support BTC liquidity and market confidence, but continued Ethereum outflows could keep ETH volatility elevated. Because BTC has a mildly supportive signal while ETH has a bearish one, the overall market view is neutral rather than broadly bullish or bearish.