What happened
Bitcoin held above US$77,000 following a weekly surge that briefly touched US$79,500. US spot bitcoin and ether ETFs recorded a combined US$2.6 billion in net weekly inflows, marking their strongest performance since October 2025. Bitcoin products alone drew US$1.9 billion as weekly trading volumes reached US$22.1 billion, spurred by liquidity expectations following US Treasury bond buyback announcements.
Why it matters here
While Australian regulators warn against crypto's high volatility, institutional ETF adoption provides liquidity that reduces extreme downside market gaps. Australian investors tracking alternative asset classes should note that crypto markets are increasingly driven by macroeconomic policy and institutional fund flows rather than retail speculation alone.
What to watch
Daily US spot ETF inflow figures and upcoming US regulatory announcements regarding cryptocurrency market legislation.
Source
proactiveinvestors.com