Bitcoin ETF flows drop to $619M as spiking oil prices rattle risk assets

Bitcoin ETFs experienced a volatile week, starting with $1.44B in inflows over three days before seeing $829M withdrawn, resulting in a net weekly inflow of only $619M. This reversal was primarily attributed to geopolitical events, specifically the US attack on Iran, which caused oil prices to surge toward $119 a barrel. As a risk asset, Bitcoin's price tracked this volatility, rallying initially but then dropping as macro uncertainty increased. Experts suggest the pattern of early-week positioning followed by late-week risk trimming is standard institutional behavior, not a crisis of conviction. While the net inflow remains historically healthy, sustained high oil prices and Middle East tensions are expected to keep institutional capital cautious, favoring short-term positioning over sustained buying until crude prices stabilize.

(Source：Crypto Briefing)