Bitcoin ETFs See 4th Consecutive Day of Heavy Outflows as U.S. Stagflation Spooks Investors—Is This a Buying Opportunity?

Wall Street's crypto darling is bleeding again. Bitcoin ETFs just logged their fourth straight day of million-dollar outflows—and this time, stagflation fears are the culprit.

The double-whammy: A weakening macro outlook is hammering both crypto and traditional markets. Suddenly, those 'uncorrelated asset' claims are looking shaky.

Silver lining? Veteran traders know panic creates opportunity. When ETF flows reverse—and they always do—the rebound could be vicious.

Bonus cynicism: Nothing unites Wall Street and crypto bros like watching leveraged positions explode in unison.

Ether ETFs register inflows

While BTC ETFs registered outflows, ether (ETH) ETFs amassed $73.22 million in investor money, snapping a two-day losing streak.

The SEC's guidance that staking activities and the receipt of tokens, under certain conditions, do not constitute securities offerings likely galvanized investor interest in ether ETFs.

According to Nate Geraci, president of NovaDius Wealth Management, the guidance has cleared the last hurdle, stopping the market regulator from approving spot ether ETFs with staking.