US spot bitcoin ETFs record a sixth consecutive week of net outflows, weighing on prices amid a stronger dollar and Fed policy uncertainty.
Bitcoin remains range-bound near $64,000 as institutional demand fails to offset persistent outflows from US spot bitcoin ETFs. Data shows a sixth straight week of net withdrawals, though the pace has slowed from earlier in the month.
The lack of sustained inflows reflects cautious sentiment as markets reassess the Federal Reserve’s rate path. A firmer dollar, driven by reduced expectations for near-term rate cuts, and elevated Treasury yields have further pressured risk assets. Geopolitical easing has provided limited support but not enough to counter macro headwinds.
Analysts expect bitcoin to trade between $60,000 and $67,000 in the near term, balancing subdued ETF flows against modestly improved risk appetite.