Bitcoin ETF Inflow Run Snapped After Nine Days as Fed Week Looms

BlockBeats reported that Bitcoin slipped below $77,000 on April 28 after U.S. spot Bitcoin ETFs posted a $263.2 million net outflow on April 27, breaking a nine-day streak of net inflows. The reversal comes ahead of this week's FOMC meeting, tempering what had been a resilient rebound through April. Despite the day's pullback, Bitcoin is still up about 15% over the past month and briefly touched $79,000 in April. The pause in ETF inflow momentum stands out as markets head into a macro-heavy week, with investors weighing the Federal Reserve's path, renewed inflation worries, GDP data, earnings from major tech firms, and additional rate decisions from central banks in Europe and Asia. BRN Research Director Timothy Misir said crypto entered the week with encouraging momentum, but the number of competing forces makes it hard to call the move a straightforward risk-on rally. He added that investors are showing signs of "war fatigue" over the Middle East, while central banks juggle supply-driven inflation against fading confidence and uneven data. Glassnode echoed the cautious tone in its latest Weekly Pulse report, describing Bitcoin as a blend of bullish momentum, wary sentiment and consolidation, with strong buying pressure offset by softer speculative participation and lower trading activity. QCP Capital said April still delivered a meaningful rebound and the broader outlook remains constructive, though it flagged $82,000 as a key level, with a nearby CME gap seen as the next major test. Andy Baehr, Managing Director at GSR Asset Management, said prices are trending "upward gradually" and called $80,000 a key psychological marker.