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Bitcoin ETF inflows and cooling AI hype lift bets on crypto rotation

US spot Bitcoin ETFs extended a six-day inflow streak, adding $203.1 million on the latest day and taking the six-day total to about $930 million, Cointelegraph said.

Reported · Written up by our desk · Market Structure

Crypto markets saw renewed momentum as institutional investors continued to add to US spot Bitcoin exchange-traded funds, Cointelegraph reported. The outlet said ETF inflows extended for a sixth consecutive trading day, with the latest purchase activity bringing in $203.1 million, for a roughly $930 million total over the period. Cointelegraph also tied the improved crypto backdrop to shifting risk appetite in markets linked to artificial intelligence. The outlet said the AI trade has become more selective, with investors distinguishing between companies with sustainable earnings and those driven by hype, and noted that the Philadelphia Semiconductor Index recently slid into a technical bear market after dropping 20% from a recent high. In ETF terms, Cointelegraph said US spot Bitcoin ETFs have accumulated $51.8 billion in cumulative net inflows since launching in January 2024 and hold $80.9 billion in net assets, while still showing a $4.84 billion year-to-date net flow decline. The report added that the Crypto Fear and Greed Index improved from “extreme fear” to “fear.” Cointelegraph said Bitcoin needs to hold above the $65,000 to $65,500 range to strengthen the case for a sustained move, referencing conditions that could support further capital rotation back into digital assets.

Latest closeBitcoin $63,925.97 ▼1.7%

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