According to ChainCatcher, spot Bitcoin ETFs have seen a significant rebound in inflows. Data shows that spot Bitcoin ETFs recorded a total net inflow of approximately $1.1 billion, with a single-day net inflow of approximately $462 million. BlackRock's iShares Bitcoin Trust (IBIT) led the way with approximately $307 million. This return of funds also pushed Bitcoin prices higher, briefly reaching $74,000, and currently holding above $73,000, representing a weekly gain of approximately 6%.
Analysts point out that against the backdrop of heightened geopolitical tensions in the Strait of Hormuz and escalating macroeconomic uncertainty, institutional funds may once again view Bitcoin as an asset for hedging geopolitical risks. Some market observers believe that if ETFs continue to see net inflows, the market narrative of Bitcoin as a "safe-haven asset" may be further strengthened.
