Bitcoin, Ether ETFs Add $128M, Outflows Narrow — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Bitcoin and Ether ETFs drew $128 million in inflows on Wednesday, and the Bitcoin haul narrowed the asset's 2026 net outflows to around $79 million.
- James Butterfill said Bitcoin had largely priced in the possibility of a Democratic sweep before the election, leaving room for a relief rally as uncertainty eased, and cautioned against attributing too much of Bitcoin's performance to the election outcome.
- CK Zheng pointed to monetary liquidity, institutional investment flows and broader investor appetite for risk as the more immediate drivers of Bitcoin's price.
- Spot Bitcoin ETFs and corporate treasury holdings could broaden demand for Bitcoin while also exposing BTC to institutional selling pressure, Zheng said.
Why it matters: Spot Bitcoin ETFs and corporate treasury holdings broaden Bitcoin's buyer base while also exposing BTC to institutional selling pressure, Zheng said. That cuts both ways for the $128 million that flowed into Bitcoin and Ether ETFs on Wednesday, leaving 2026 net outflows for Bitcoin at roughly $79 million.
Ask SkimNews
