CoinDesk
Bitcoin climbed back above $82,000 on Friday after briefly falling below $80,000, while ZEC led a broad crypto rebound with an 11% gain to about $1,230. SOL and ether rose more than 3%, while DOGE and XRP added 2% to 3%.
Why it matters
The price bounce is running ahead of fund demand. The U.S. spot ZEC ETF lost about $15 million on Thursday, its fifth outflow this month. Ether ETFs shed about $60 million, and SOL ETFs recorded nearly $10 million in withdrawals for a ninth straight day.
Market impact
Bitcoin ETFs posted a net $5 million inflow, a thin improvement after Wednesday's $261 million exit. A second straight day of Bitcoin ETF inflows would offer the first meaningful sign that the rebound from below $80,000 has sustained buyers behind it. Until then, the ETF data leaves the broader recovery vulnerable to another reversal.
Frequently asked questions
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Why did ZEC rise despite outflows from its U.S. ETF?
ZEC jumped 11% to about $1,230 even as its only U.S. ETF lost about $15 million. The price move therefore outpaced the fund-flow signal.
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How large were the recent Bitcoin ETF flows?
Bitcoin ETFs recorded a net $5 million inflow after a $261 million outflow on Wednesday.
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Which crypto ETFs saw the largest outflows?
Ether ETFs shed about $60 million, while SOL ETFs lost nearly $10 million. The ZEC ETF recorded about $15 million in outflows.
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What would confirm that Bitcoin's rebound has stronger buyer support?
A second straight day of Bitcoin ETF inflows would be the first stronger sign that the rebound from below $80,000 has sustained buyers behind it.
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How did other major crypto assets perform during the rebound?
SOL and ether gained more than 3%, DOGE and XRP rose between 2% and 3%, and BNB, HYPE and TRX added about 1%.
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