Finally. $221 million flow into Bitcoin ETFs, ending a painful 10-day outflow streak
Spot ETFs had their strongest inflow day in two months, driven by funds other than BlackRock’s IBIT.
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Summary
- U.S.-listed bitcoin ETFs saw $221.7 million in inflows on Thursday, their largest daily intake in two months, ending a 10-day streak of outflows.
- Fidelity’s FBTC led with nearly $166 million in new money while BlackRock’s IBIT, the largest bitcoin ETF, recorded a $40.43 million outflow.
- Despite the one-day rebound, year-to-date net outflows remain steep at about $5.4 billion, and analysts say a sustained inflow trend is needed to confirm a lasting bitcoin recovery.
