Bitcoin ETFs See $221M Inflow, Breaking 10-Day Outflow Streak
US-listed Bitcoin ETFs attracted $221.7 million on Thursday, the largest single-day inflow in two months, ending a 10-day outflow streak that had seen $2.73 billion exit the funds.
US-listed spot Bitcoin ETFs recorded their largest single-day inflow in two months on Thursday, pulling in $221.7 million and breaking a painful 10-day streak of net outflows. The reversal comes after investors had withdrawn a cumulative $2.73 billion from the funds during the outflow period, according to data from SoSoValue. This inflow marks a sharp shift in sentiment, as the prior outflows had been driven by macroeconomic headwinds including rising US Treasury yields and a strengthening DXY, which typically pressure risk assets like Bitcoin. The halving cycle, which historically reduces miner supply and can tighten market liquidity, also adds a layer of complexity to ETF flow dynamics.
Fidelity's FBTC led the inflows with $165.96 million, followed by ARKB at $91.84 million and HODL at $4.35 million. BlackRock's IBIT, the world's largest Bitcoin ETF, was the outlier with a $40.43 million outflow. The net positive flow marks a potential turning point for sentiment, though the year-to-date picture remains grim with net outflows still at $5.4 billion. For crypto traders, ETF flows are a closely watched indicator of institutional demand and can influence short-term price action. On-chain data shows that whale concentration remains elevated, while exchange reserve drawdowns suggest accumulation, both of which could support price stability. Bitcoin dominance, currently near multi-year highs, indicates that capital is rotating from altcoins into BTC, further reinforcing the narrative of institutional preference. Live crypto prices and charts on NowPrice show how the market is reacting to this shift in fund flows.
Looking ahead, traders will monitor whether this inflow can sustain or if it is merely a temporary bounce. Key levels to watch include Bitcoin's ability to hold above recent support zones amid ongoing macroeconomic uncertainty, with miner break-even economics around $50,000 providing a critical floor. The next few trading sessions will be critical to confirm whether institutional appetite is returning or if the outflow trend resumes, especially as the market digests the interplay between ETF flows, on-chain metrics, and macro factors like Fed policy expectations.