Spot ETF Flows: BTC dey lead, ETH and XRP add inflows
Spot ETF flows raise crypto demand last week, wit Bitcoin ETF flows clearly di lead. BTC net inflows peak early den fade as BTC near ~83K. Still, di weekly total remain strongly positive. Bitcoin ETFs na main driver. Net inflows about $532M on Monday and $467M on Tuesday. After BTC near ~83K, flows slow and flip negative later in di week (-$277M on Thursday, -$146M on Friday). Despite di late outflows, weekly net inflow reach $622.75M vs $154M di week before. Cumulative BTC ETF inflows don pass $59B. Ethereum ETFs still positive but show more volatility. Di week end wit over $70M inflows after sharp Thursday pullback (-$103.5M). Dis no fully offset prior-week outflows of over $82M. Cumulative ETH ETF inflows still above $12B since mid-2024. XRP ETFs see steadier participation. Weekly net inflows top $34M, vs about $35K net outflows di week before. Total net flows hit all-time high $1.32B. Other spot ETF demand include SOL (~$40M net inflows) and small adds in LINK and DOGE (~$1M each). For traders, improving spot ETF flows support near-term momentum, but BTC ETF outflows late in di week signal short-term volatility risk.
Bullish
Spot ETF flows bin strong pass throughout di week, especially for BTC, wey dey usually translate to wider market momentum and short-term price stability. ETH and XRP ETFs too end di week with net inflows, confirming say demand no be only for Bitcoin. But di late-week BTC outflows and ETH midweek pullback show say sentiment dey fragile and make short-term swings more likely. Overall di balance still dey skew positive for di mentioned assets, so na bullish bias with volatility risk.