Bitcoin ETFs End 10-Day Net Outflow Streak, Recording $222 Million in Single-Day Net Inflows
Miles Bennett
U.S. spot Bitcoin ETFs pulled in $222 million on Thursday, ending a 10-trading-day outflow streak — but year-to-date net outflows still stand at $5.4 billion, making one day's reversal a drop in the bucket.
After 10 straight days of outflows, why did money come back?
Thursday's $222 million net inflow was the largest single-day intake in nearly two months; the prior 10-day streak had drained a cumulative $2.73 billion.
This means → the market saw a bout of concentrated dip-buying after sustained selling, but a single day's data cannot confirm a trend reversal.
In plain terms = after 10 days and $2.7 billion walking out the door, some buyers decided the price was cheap enough to take a shot — nothing more.
Who was buying and who was selling?
Fidelity's FBTC led with $166 million in net inflows, roughly three-quarters of the day's total.
ARK Invest's ARKB added $91.8 million; VanEck's HODL drew $4.4 million — each progressively smaller.
The world's largest Bitcoin ETF — BlackRock's IBIT — bucked the trend with a $40.4 million net outflow. This reflects a split within the same trading day: buying was far from unanimous across products.
Zoomed out to the full year, how big is this inflow really?
Year-to-date, U.S. spot Bitcoin ETFs have still shed a net $5.4 billion.
Thursday's $222 million amounts to roughly 4% of that cumulative outflow. In plain terms = the year has drained a full barrel; today's inflow filled back one small cup.
On price, Bitcoin dipped below $58,000 earlier this week — a near-21-month low — before rebounding to around $61,700. The fund inflow and the price bounce coincided in timing, but whether this becomes a sustained trend depends on the flow data over the coming days.
Content is for reference only, not financial advice.