U.S. spot Bitcoin exchange-traded funds (ETFs) closed within the red for a 3rd straight week, heightening concerns that one in all Bitcoin's biggest institutional demand engines is faltering.
According to data from Farside Investors, spot Bitcoin ETFs (BTC) recorded net negative outflows of $1.1 billion last trading week, marking the fourth-largest week of outflows on record.
The ETF outflows got here during a major correction as Bitcoin price fell over 9.9% over the past week, trading at $95,740 on the time of writing, data from Cointelegraph shows.
Bitcoin ETF flows (in USD, tens of millions). Source: Farside Investors
According to crypto insights platform Matrixport, the recent correction marked the primary pattern of an emerging “mini” bear market.
“Our data showed that the market is losing momentum and lacking the essential catalysts for a sustained rally,” Matrixport wrote in a Friday X post, adding:
“With ETF inflows slowing, OG investors reducing exposure, and macroeconomic conditions providing no immediate catalyst, the trail forward stays heavily depending on the Federal Reserve’s upcoming policy decisions.”
According to Matrixport, the crypto market stays in a “crucial phase” as key price levels and macroeconomic triggers will determine the following significant move.
US spot Bitcoin ETF inflows and investments from Michael Saylor's strategy were the primary demand drivers for Bitcoin in 2025.
Solana ETF inflows defy market gravity
Spot Solana ETFs (SOL) proceed to defy the gravity of the cryptocurrency market and generate positive inflows despite the general downturn.
Solana ETFs ended last week with $12 million in inflows on Friday, recording 13 consecutive days of inflows since their launch on Oct. 29.
Spot Ether (ETH) ETFs recorded $177 million in outflows on Friday, marking their fourth straight day within the red, in response to Farside Investors.
Despite the positive ETF inflows, Solana's price fell 15% on the weekly chart, while Ether's price fell 11% over the identical period.
