US spot Bitcoin exchange-traded funds broke an eight-week streak of redemptions that had drained more than $8 billion from the sector, drawing $197 million in net inflows across 13 products. The renewed demand coincided with a 3% weekly price rise that pushed Bitcoin past the $64,000 level. However, analysts note that the scale of the price recovery appears to be outrunning the relatively modest ETF inflow, suggesting that other buyers beyond institutional ETF channels may be driving the rebound. The return of positive fund flows could signal improving sentiment among investors after a prolonged period of outflows, though the disconnect between price gains and ETF activity raises questions about the durability of the move. The data offers a mixed picture of how institutional demand is influencing the current market trajectory.
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