Spot Bitcoin ETFs snap 7-day outflow streak with $355M as liquidity improves
US spot Bitcoin ETFs pulled in $355 million, snapping a 7-day outflow streak that saw $1.12 billion withdrawn from the products.
US spot Bitcoin exchange-traded funds (ETFs) ended a seven-day run of net outflows, pulling in $355 million as traders pointed to early signs of improving global liquidity.
BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the rebound with $143.75 million in inflows on Tuesday, followed by the Ark 21Shares Bitcoin ETF (ARKB) at $109.56 million and Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $78.59 million, according to data from SoSoValue. Bitwise’s Bitcoin ETF (BITB) added $13.87 million, while smaller inflows were recorded by Grayscale’s Bitcoin Trust ETF (GBTC) with $4.28 million, and VanEck’s Bitcoin ETF (HODL) with $4.98 million.
The turnaround came as spot Bitcoin (BTC) ETFs recorded $1.12 billion in cumulative net outflows during the prior seven trading days. The heaviest selling occurred on Friday, when funds shed about $275.9 million.
