TREE NEWS reports: Bitcoin rose about 4.9% over the past week to around $81,000, recovering after falling to roughly $75,400 following the Federal Reserve’s 25-basis-point rate hike on Sept. 16. Ethereum gained about 4.6% to near $2,620. US spot bitcoin ETFs drew $6.2 million in net inflows for the week through Sept. 18, versus $462.7 million in outflows the prior week, while spot ether ETFs saw $140 million in net outflows.
Bitcoin Tops $80K Despite Failed Crypto Bill, Fed Rate Hike
The striking detail is the divergence: bitcoin ETFs flipped back to modest net inflows while ether ETFs bled heavily, suggesting the recovery is not a broad crypto-risk bid but a rotation concentrated in the larger asset. That the move came despite a failed crypto bill and a Fed hike implies macro and legislative headlines are currently less decisive for bitcoin than flows are. Whether ether's outflow streak reverses, and whether bitcoin ETF demand holds, is the open question.
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