"Bitcoin traded close to USD 96,700 on Thursday. The asset rebounded during the last few trading sessions, supported by a notable improvement in institutional sentiment. ETF flows turned positive, with three consecutive sessions of strong inflows after a series of outflows. On Wednesday alone, spot Bitcoin ETFs attracted USD 840 million, the largest daily inflow since early October. Ethereum products followed the same pattern, drawing USD 175 million, their strongest intake since early December."
"Together, these flows suggest that institutional investors are re-engaging after weeks of caution. Demand also came from crypto treasury companies like Strategy. The latter disclosed the purchase of 13,627 BTC, its largest acquisition since July 2025. A return to large bitcoin acquisitions could help the asset see more consistent gains. At the same time, attention remains on monetary policy. Weaker-than-expected jobless claims today could reinforce expectations of a more accommodative Fed outlook later in the year, potentially providing further support for Bitcoin."
Bitcoin traded close to USD 96,700 and rebounded during recent sessions as institutional sentiment improved. Spot Bitcoin ETFs recorded three consecutive sessions of strong inflows after prior outflows, including USD 840 million on Wednesday, the largest daily inflow since early October. Ethereum products drew USD 175 million, their biggest intake since early December. Crypto treasury companies contributed demand, with Strategy disclosing a purchase of 13,627 BTC, its largest acquisition since July 2025. Monetary policy signals remain influential; weaker jobless claims could bolster expectations of an accommodative Fed, while resilient labor data may limit near-term gains.
Read at London Business News | Londonlovesbusiness.com
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