Bitcoin ETFs recover: $145 million flows into market, signaling possible trend reversal Drag

Bitcoin ETFs recover: $145 million flows into market, signaling possible trend reversal

The Bitcoin ETF market is experiencing a remarkable recovery. After last week, when ETFs attracted $371 million, another $145 million inflow is coming, even with BTC prices around $70,000. Although the total outflows since the beginning of the year are almost $319 million, the slowing pace of losses and stabilizing institutional demand give investors hope for a possible trend reversal.

According to experts, the slowdown in outflows may signal the beginning of a new phase in the market, while early investors are staying in positions, even though ETFs have seen sell-offs during the cryptocurrency sell-off. Analysts from both Bernstein and Bitwise note that the current situation is rather calmer, and that most early investors are still holding on to their positions.

It is also important to note that the growing institutionalization and interest from large asset managers such as BlackRock have not deterred the original crypto community. Many investors are taking partial profits after big gains, but most remain active, which experts say supports the long-term potential of the market.

Overall, the current moves point to a possible recovery and stabilization of the Bitcoin ETF market, which could signal further growth in the coming months.

*This is not an investment recommendation.

The Coingarage Team