Spot Bitcoin ETFs saw $1.42 billion in net inflows last week, the highest since October, with $844 million on Wednesday and $754 million on Tuesday. Ether ETFs also had a strong week, despite Friday outflows. Vincent Liu of Kronos Research noted a return of long-only allocators and reduced whale selling pressure.

Liu mentioned that ETF inflows and reduced whale selling are tightening Bitcoin supply. However, he cautioned that it’s an early-stage shift. He believes more green days are ahead, but sustained inflows are needed for lasting uptrends. Ecoinometrics newsletter also pointed out that short ETF inflows may not sustain Bitcoin rallies.

Strong ETF demand is crucial for Bitcoin price shifts, as isolated inflows may not support lasting uptrends. Cointelegraph remains committed to transparent journalism.

Read more at Cointelegraph: Bitcoin ETFs See $1.42B Inflows as Institutional Demand Rebuilds