Bitcoin and Ethereum ETF Performance During Volatile Macro Week
During a critical macro week, spot Bitcoin ETFs experienced significant volatility, recording a $450.33 million outflow on Tuesday following the CLARITY Act vote and $296 million on Wednesday amid Fed rate hikes. However, a strong Friday recovery with $433.03 million in inflows pushed the weekly net flow into positive territory at $6.21 million, coinciding with Bitcoin's price surge from $76,000 to over $80,000. Meanwhile, spot Ethereum ETFs saw their multi-month growth streak end, recording $140 million in outflows.
Summaries are written by AI from the original article. Not investment advice.