Spot Bitcoin exchange-traded funds (ETFs) attracted nearly $1 billion in net inflows over the past week, the strongest performance in over three months as market sentiment shifts toward risk assets. Total net inflows reached $996 million, with Friday alone seeing $663.9 million in inflows. Total net assets across spot Bitcoin ETFs climbed above $101 billion by Friday, with daily trading volumes nearing $4.8 billion.
Analysts suggest markets are increasingly factoring in geopolitical de-escalation, particularly concerning US-Iran relations, reducing demand for traditional safe havens. Coupled with cautious Federal Reserve policy and growing concerns over US debt, this environment is shifting investor focus to alternative assets like Bitcoin. Bitcoin surged above $77,000 following the reopening of the Strait of Hormuz to commercial shipping, easing fears of oil supply disruption.