Weekly inflows into U.S. spot Bitcoin ETFs dropped by 65 percent to $769.6 million.
BlackRock’s IBIT led the week with $336.8 million in net inflows.
U.S. spot Bitcoin ETFs recorded a sharp drop in weekly inflows, signaling reduced investor activity amid changing market conditions.
Despite the weekly dip in ETF inflows, analysts remain confident about Bitcoin’s medium-term performance, with price targets set at $135,000 for Q3 and $200,000 by the end of the year.