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Fragile Optimism in Crypto as ETF Flows Return

Fragile Optimism in Crypto as ETF Flows Return


Spot Bitcoin ETFs added $145 million, Ethereum saw $57 million inflows, signaling fragile optimism after a sharp crypto sell-off.

Even though they were trading at around $68,000 and $1,980, respectively, at the time of writing, Bitcoin and Ethereum bounced yesterday after sharp sell-offs, with BTC reaching $71,000 and ETH climbing to $2,150 following the resumption of spot ETF inflows.

The rebound renewed speculation that BTC may have established a local floor, but traders are also bracing for today’s Non-Farm Payroll (NFP) report and Friday’s Consumer Price Index (CPI) release, two data points that could reset Federal Reserve rate expectations and determine whether…

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