Fresh Demand Hits Bitcoin ETFs, Breaking 10-Day Outflow Streak

Spot Bitcoin ETFs saw their strongest single-day inflows in two months, with demand largely led by issuers other than BlackRock’s IBIT.

U.S.-listed Bitcoin ETFs pulled in $221.7 million on Thursday, the biggest daily inflow in roughly eight weeks, according to SoSoValue data.

Fidelity’s FBTC led the group with $165.96 million in inflows, followed by ARKB at $91.84 million and HODL at $4.35 million. In contrast, BlackRock’s IBIT—the largest Bitcoin ETF by assets—registered $40.43 million in outflows.

The inflows snapped a 10-day streak of withdrawals that had drained about $2.73 billion from Bitcoin funds. Despite the reversal, year-to-date flows remain negative, with net outflows still around $5.4 billion.

Although Thursday’s figure signals a short-term improvement in sentiment, it remains modest relative to earlier selling pressure this year. Still, it supported Bitcoin’s rebound toward $61,700 after briefly dipping below $58,000.

For a more durable recovery, ETF inflows will likely need to stay consistent, as past bull markets have typically been driven by sustained institutional demand rather than isolated bursts.