CoinDesk
US-listed spot bitcoin ETFs booked $221.7 million in net inflows on Thursday, the largest single-day intake in roughly two months and the first positive print after ten straight sessions of outflows that pulled $2.73 billion from the complex. Fidelity's FBTC led the day with $165.96 million in net additions, ARKB followed at $91.84 million, and HODL contributed $4.35 million. BlackRock's IBIT was the lone decliner, shedding $40.43 million, a notable inversion of the usual order in which IBIT sets the tone for the segment.
Why it matters
The composition of the bid is the read, not the headline number. A green day led by Fidelity and ARKB while IBIT bleeds is a different signal than a broad-based rally, and it lands with bitcoin already off its cycle lows: BTC rebounded to roughly $61,700 after tagging 21-month lows below $58,000 earlier in the week. The flow ended a streak that had grown uncomfortable for the bull case, but the year-to-date position remains heavy, with net outflows across US spot bitcoin ETFs still sitting near $5.4 billion. In other words, Thursday reset the mood more than it reset the math.
Market impact
Whether the move becomes a trend is the question analysts are flagging. Historically, sustained ETF inflows have been a precondition for spot-led bitcoin rallies, and one day does not satisfy that bar. The $5.4B year-to-date deficit, the $2.73B ten-day bleed that preceded this print, and IBIT's own outflow all argue against reading Thursday as confirmation. For the bounce to hold, the complex needs several more sessions of broad inflows, with IBIT re-joining rather than offsetting, and BTC holding above the $60K area that now acts as the line between recovery and a fresh leg down.
Frequently asked questions
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How much did US spot Bitcoin ETFs take in on Thursday?
US-listed spot bitcoin ETFs booked $221.7 million in net inflows on Thursday, the largest single-day intake in roughly two months and the first positive print after ten straight outflow sessions.
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Which Bitcoin ETF led the inflows?
Fidelity's FBTC led with $165.96 million in net additions, followed by ARKB at $91.84 million and HODL at $4.35 million.
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Did BlackRock's IBIT also see inflows?
No. BlackRock's IBIT, the largest bitcoin ETF, was the day's only decliner with a $40.43 million outflow, an unusual inversion of its usual leadership role.
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What was the outflow streak that just ended?
US spot bitcoin ETFs posted net outflows for ten consecutive sessions before Thursday, with investors pulling a combined $2.73 billion from the complex during that stretch.
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What are year-to-date flows for US spot Bitcoin ETFs?
Despite Thursday's rebound, year-to-date net outflows across US spot bitcoin ETFs remain heavy at roughly $5.4 billion, underscoring that one green day resets sentiment more than the underlying math.
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