- U.S. spot Bitcoin ETFs recorded $221.7 million in inflows, ending a 10-day streak of heavy outflows.
- Fidelity’s FBTC led the gains, while BlackRock’s IBIT was the only major fund to post net outflows.
- Analysts say sustained ETF inflows will be key if Bitcoin is to extend its recent recovery.
U.S.-listed spot Bitcoin ETFs posted their strongest day of inflows in nearly two months, attracting $221.7 million on Thursday after investors returned to the market following weeks of heavy selling. The positive session comes as Bitcoin continues recovering from recent lows, offering bulls a much-needed boost after a difficult stretch.
Although one day of inflows does not confirm a trend reversal, it marks an important shift in sentiment. The renewed demand arrived as Bitcoin climbed back toward the $61,700 level after briefly falling below $58,000 earlier this week.
Fidelity Leads While BlackRock Sees Outflows
Fidelity’s FBTC recorded the largest inflow of the day, bringing in approximately $165.96 million. ARKB followed with another $91.84 million, while HODL added roughly $4.35 million in fresh capital.
BlackRock’s IBIT, the world’s largest spot Bitcoin ETF, was the exception. The fund posted net outflows of approximately $40.43 million, making it the only major ETF to end the day in negative territory despite the broader recovery across the sector.
Positive Day Follows Heavy Selling Pressure
Thursday’s inflows officially ended a painful 10-day outflow streak that saw investors withdraw approximately $2.73 billion from U.S. spot Bitcoin ETFs. Despite the encouraging turnaround, the broader picture remains challenging.
Since the beginning of the year, spot Bitcoin ETFs have experienced roughly $5.4 billion in net outflows, highlighting the scale of investor caution during recent market volatility. While the latest inflows are encouraging, they represent only a small fraction of the capital that has left the market in recent months.
Why ETF Flows Matter for Bitcoin
Spot Bitcoin ETF flows have become one of the most closely watched indicators of institutional demand. During previous bull markets, consistent inflows into these funds helped support Bitcoin’s price and reinforced long-term investor confidence.
For Bitcoin to build on its recent rebound, many analysts believe inflows must remain steady rather than being limited to isolated trading sessions. If institutional investors continue returning to spot ETFs in the weeks ahead, it could provide additional momentum for Bitcoin and strengthen the case for a broader market recovery.
