Bitcoin ETFs Post $562M in Inflows, Breaking Four-Day Outflow Streak
TLDR
- Spot Bitcoin ETFs registered $561.9 million in net inflows on Monday, ending a four-day streak of outflows.
- Fidelity’s Bitcoin ETF topped the inflow list with $153.4 million, followed by BlackRock’s Bitcoin ETF with $142 million.
- Despite Bitcoin’s volatility—including a drop to $75,000—the inflows signal renewed investor confidence.
- Bitwise’s Bitcoin ETF also posted strong inflows of $96.5 million, showing widespread interest in Bitcoin ETFs.
- Ethereum ETFs experienced smaller outflows of $2.86 million compared to last week’s larger withdrawals.
Spot Bitcoin ETFs staged a sharp rebound on Monday, recording $561.9 million in net inflows. This came after a four-day streak of outflows and marked the strongest single-day intake since mid-January. Even amid ongoing volatility—including a drop to $75,000—the inflows signaled renewed investor confidence.
Bitcoin ETFs Lead Inflows with Fidelity and BlackRock
Fidelity’s Bitcoin ETF (FBTC) led the inflows with $153.4 million. BlackRock’s Bitcoin ETF (IBIT) followed with $142 million in inflows. Bitwise’s Bitcoin ETF (BITB) also saw a strong showing, posting $96.5 million in net inflows.
The inflows were notable amid Bitcoin’s price fluctuations. The cryptocurrency slid to $75,000 earlier in the day but rebounded to $78,500 by late Monday. This price action remained below levels seen before the recent sell-off, but the inflows highlighted confidence in Bitcoin ETFs.
Vincent Liu, CIO at Kronos Research, attributed the inflows to “renewed conviction among large allocators.” Liu explained that large investors are using regulated vehicles to scale exposure as part of broader portfolio adjustments. This trend reflects strategic positioning ahead of potential market catalysts.
Ethereum ETFs See Smaller Outflows
While Bitcoin ETFs posted strong inflows, spot Ethereum ETFs followed a different trend. Ethereum ETFs saw $2.86 million in net outflows on Monday—this marked a much smaller outflow compared to the $252.87 million in outflows last Friday.
Despite this, the overall cryptocurrency ETF market saw a positive shift. Bitcoin ETFs’ recovery indicated market participants are repositioning as prices stabilize. Tim Sun, senior researcher at HashKey Group, suggested the market had priced in pessimistic expectations, paving the way for a partial return of capital.
The inflows to BTC ETFs reflect a broader market sentiment shift. Investors appear to be rebalancing their portfolios to adjust to recent market fluctuations. This movement indicates institutional investors remain interested in Bitcoin despite ongoing volatility.