Bitcoin investment products reversed an eight-week $8B outflow streak with $702M in inflows following softer US inflation data, though analysts remain cautious on further upside.
Macro & Markets ·
Digital asset investment products halted an eight-week streak of $8 billion in outflows, with $287 million flowing into the category last week, according to CoinShares. After softer-than-expected US inflation readings, an additional $415 million moved into these products across Tuesday and Wednesday, with Bitcoin capturing the majority of that activity. The reversal marks a notable shift in investor appetite following what had been a prolonged period of capital withdrawal.
Despite the inflow recovery, CoinShares remained cautious on near-term momentum. The firm expects Bitcoin to trade within a range and assessed that a move above $80,000 is unlikely without a material change in how markets price monetary policy shifts. The analyst perspective underscores skepticism about whether the recent fund inflows represent a sustained shift in sentiment or a tactical bounce within a broader consolidation phase.