BTC, ETH ETFs post third straight week of net inflows amid revived institutional demand

U.S. spot Bitcoin ETFs logged a third straight week of net inflows, while spot Ethereum ETFs extended their own inflow streak to three weeks, a sign of recovering institutional demand, according to The Block. Zeus Research analyst Dominic John said BTC’s uptrend remains intact as long as it holds $80,000, with prices likely to rise gradually toward $82,000-$85,000. John said ETF inflows show institutions are increasing BTC exposure and that real spot demand is recovering. Presto Research analyst Min Jung said the crypto market is showing signs of catching up with other risk assets and that ETF inflows point to a rebound in institutional demand. Higher-than-expected inflation, however, was identified as a key downside risk that could derail the rally. Last week, spot BTC ETFs saw net inflows of $986.9 million, while spot ETH ETFs posted net inflows of $218.4 million.