The American spot Bitcoin ETFs saw a noticeable delay of the inflow last week, especially since investors were tears by weak American economic data and the new rates of Trump, which increased new concerns about stagflation.
According to facts Bitcoin ETFs brought in $ 1.81 billion from Sosovalue in the past week, which was slightly more than 40% less than the $ 3.06 billion they admitted the week before.
Most of last week went into BlackRock’s Ibit, which attracted a huge $ 2.48 billion. In the meantime, funds such as Grayscale’s BTC, Vaneck’s HODL and Invesco’s BTCO saw smaller enclosure.
However, not all funds had a good week. Ark’s Arkb registered outsourcing $ 457.6 million, while FBTC lost $ 201.1 million from Fidelity. Even GBTC from Grayscale and Bitwise’s Bitb have included net rejoining. The other ETFs usually remained flat.
Despite the slower pace last week, April was still a strong month in general, with almost $ 3 billion in Bitcoin ETFs. This was a sharp turnaround after two back-to-back months of outsourcing that had taken more than $ 4.3 billion, which indicated the renewed question of institutional investors.
Ethereum ETFs showed a similar trend, with net entry that fell to $ 106.75 million from $ 157 million the week before last week.
What really shook the markets were the disappointing US economic data. The April -ADP report report came far below expectations and marked the weakest result since July 2024.
Moreover, the first estimate for the GDP of Q1 became negative, despite earlier positive predictions. A major factor was the increase in import when companies hurried to hit the new rates of President Donald Trump, which added more pressure on the economy.
These tariff worries have contributed to the growing fears for stagflation, a mix of weak growth and stubborn inflation, so that investors are not sure when or how much the Federal Reserve could lower the rates.
Earlier the claims of Trump that commercial discussions with countries such as China were underway, briefly lifted sentiment, which helped Bitcoin helped a weekly high point of $ 97,800. The rally offered temporary lighting in the midst of tariff uncertainty, but profits faded quickly as inflation data with stagflation fears.
From Monday, the price repair of Bitcoin (BTC) was stuck, in which between $ 93,500 and $ 96,000 were traded, with the focus of the market now shifting to the upcoming Federal Open Market Committee (FOMC) interest decision.
On a large scale, economists expect the Fed to keep rates stable at 4.5% and retain a cautious position, because inflation is still hot.
