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Home/News/Bitcoin ETF outflows stretch to sixth straight week as BTC holds near $64,000
CoinDesk·4h ago·neutral

Bitcoin ETF outflows stretch to sixth straight week as BTC holds near $64,000

US spot bitcoin ETFs have now posted six straight weeks of net outflows. A rebounding dollar and cautious Fed stance are keeping institutional money on the sidelines, leaving bitcoin range-bound between $60,000 and $67,000.

  • Spot bitcoin ETFs recorded a sixth consecutive week of net outflows, with only a few days of inflows.
  • A stronger US Dollar Index near 100.6-100.8 and high Treasury yields are drawing capital away from crypto.
  • The Fed's cautious June message weakened expectations for near-term rate cuts, keeping liquidity tight.
  • Analysts say bitcoin will likely hold a $60,000 to $67,000 range until ETF inflows return.
  • Eased geopolitical tension after the US-Iran deal has improved risk appetite but not enough to shift the trend.
marketImpact 6/10
Why our editor rated this neutral

The story reports persistent ETF outflows and a cautious macro backdrop, but notes easing selling pressure and improved geopolitical risk appetite. The net picture is balanced between headwinds and tailwinds, making neutral the right call.

Read the full story at CoinDesk

Coinporta summarises news for fast scanning. Full reporting belongs to the source.

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