Crypto Scenario Insights

Spot Bitcoin ETFs Snap Outflow Streak — Temporary Relief or Structural Rebound?

What happened

Spot Bitcoin ETFs broke a five-day streak of negative flows by registering $85.8 million in net inflows on Friday, driven primarily by BlackRock's IBIT.

What we think

The most likely outcome over the next seven days is range-bound consolidation for Bitcoin, with a 55% probability, as the market digests the recent shift in ETF flows amidst low spot trading volumes.

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Spot Bitcoin ETFs Snap Outflow Streak — Temporary Relief or Structural Rebound?

We explain what happened and what could follow. We do not forecast prices.

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