U.S. spot bitcoin ETFs report $1.15 billion in outflows this week amid broader macroeconomic and geopolitical pressures.
U.S. spot bitcoin ETFs recorded $1.15 billion in outflows this week, following $1 billion in outflows last week, as geopolitical tensions overshadow crypto markets. The Coinbase premium, a key indicator of U.S. demand, has fallen to monthly lows, signaling weak investor interest.
Commodities like oil and copper have surged, with oil nearing $100, driven by supply disruptions in the Strait of Hormuz. Rising bond yields and inflation fears have further diverted attention from bitcoin, which remains sidelined amid broader macroeconomic repricing.
U.S. equities hover near record highs, fueled by AI-driven optimism, while bitcoin struggles to regain momentum. Analysts suggest sustained demand improvements are needed for a crypto rally to materialize.