The 11 Bitcoin ETFs reversed their recurring trend of outflows yesterday, recording no outflow. The Bitcoin ETFs pulled in $274 million, highlighting a resurgence in investor interest.
According to SoSoValue’s analysis, the figures marked a significant turnaround from the prior week’s outflows, totaling around $870.4 million.
This significantly means a renewed appetite among institutional and retail investors alike.
Farside Investors UK revealed that Fidelity (FBTC) led the charge with an estimated $127.3 million in inflows,
ARK 21 shares followed suit with $88.5 million in inflows, while Blackrock’s (IBIT) followed suit with $42.3 million.
The inflows equated to about 3,297 BTC purchased through ETFs, based on Bitcoin’s price hovering near $82,000 yesterday.
This uptick follows a period of uncertainty tied to macroeconomic factors, including tariff concerns, which had spurred outflows the previous week.
Bitcoin ETFs remain a powerful force in crypto markets, though analysts caution that daily flows can be volatile and don’t guarantee immediate price surges.
At the time of the report, Bitcoin was trading for $82,729, recovering from a massive dip that saw the asset hit $70,000.
