Bitcoin ETFs just broke a ten-day losing streak. After weeks of steady outflows and brutal price swings, $221 million in fresh capital finally flowed back in.
The daily session on June 2 turned things around. It’s the first time in two weeks that Bitcoin ETFs saw net positive flows. For context, investors had been pulling money out at a steady clip amid extreme volatility.
Bitcoin responded. Price broke past $60,000 and kept climbing. At writing, it sits at $62,536 — up about 7% in three days.
The question now: is this a real reversal or just a dead cat bounce? Some analysts think Bitcoin could reclaim $63,000 and push higher if institutional confidence keeps rebuilding. The ETF data suggests demand is creeping back, but one good day doesn’t erase two weeks of pain.
Still, after ten straight days of red, green looks pretty good.
