A softer-than-expected US jobs report eased concerns about further rate hikes, prompting renewed appetite for risk assets and helping Bitcoin recover from a fresh bear-market low set earlier in the week. US spot Bitcoin exchange-traded funds recorded $223 million in net inflows on Thursday, their largest single-day total since May. The influx ended a 10-day stretch of withdrawals that had steadily drained capital from the funds. The rebound suggests investors are repositioning as macroeconomic conditions shift, with weaker labor data typically supporting expectations of looser monetary policy. Bitcoin's price recovery, alongside the return of ETF demand, points to improving sentiment after a period of sustained selling pressure. The reversal in fund flows marks a notable change in direction for the products, which had seen consistent outflows throughout the prior stretch.
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