U.S. Spot Bitcoin ETFs Extend Inflow Streak to 10 Days, Longest Since December
U.S.-listed spot Bitcoin exchange-traded funds (ETFs) have recorded a 10-day streak of net inflows, marking their longest run of positive momentum since December last year.According to data from SoSoValue, Thursday’s tot...
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U.S.-listed spot Bitcoin exchange-traded funds (ETFs) have recorded a 10-day streak of net inflows, marking their longest run of positive momentum since December last year.
According to data from SoSoValue, Thursday’s total net inflow reached $89 million, with Fidelity’s FBTC leading the charge, receiving $97.14 million.
BlackRock’s IBIT also saw a modest gain of around $4 million.
Invesco and WisdomTree Bitcoin ETFs See Outflows Amid Broader Inflow StreakHowever, not all funds shared the same trajectory. Invesco’s BTCO experienced an outflow of nearly $7 million, while WisdomTree’s BTCW recorded a $5 million withdrawal.
Overall, the past 10 trading sessions brought in $1.06 billion, which, while significant, remains below the single-day inflow seen on January 17.
10-day streak of inflows for the US Spot Bitcoin ETFs!
Yesterday's inflow was a whopping $89 million pic.twitter.com/bymJD9jl1P
Interestingly, the data reveals a clear divergence between investor sentiment toward Bitcoin and Ethereum.
Since February 20, spot Ether ETFs have posted net outflows on all but two trading days. Jung highlighted this contrast as a sign of stronger investor conviction in Bitcoin.
As reported, digital asset investment products saw a strong turnaround last week, recording $644 million in inflows and ending a five-week streak of outflows.
As a result, total assets under management have increased by 6.3% from their recent low on March 10.
The United States accounted for the bulk of the inflows, contributing $632 million.
However, the renewed optimism was not limited to the U.S., with Switzerland, Germany, and Hong Kong also seeing inflows of $15.9 million, $13.9 million, and $1.2 million, respectively.
Bitcoin was the clear leader in the recovery, drawing in $724 million after five weeks of outflows totaling $5.4 billion.
As of now, Bitcoin is trading at $85,265, down by more than 2% over the past day. The leading cryptocurrency is largely flat over the past month.
Meanwhile, Ether has dropped more than 5% over the past 24 hours, currently changing hands at $1,914, according to data from CoinMarketCap.
U.S. Jobless Claims Dip, But Trade Policies Stir Economic UncertaintyNew jobless claims in the U.S. declined slightly last week, with unemployment holding steady at 4.1% in March, indicating a stable labor market despite slowing hiring.
However, President Trump’s aggressive trade measures and proposed federal spending cuts have raised concerns, particularly in regions reliant on government contracts like the Washington metropolitan area, where unemployment claims have increased.
In a comment shared with Cryptonews.com, Paybis CEO Innokenty Isers said the global financial system is highly sensitive to U.S. policy shifts.
“Trade policy changes, especially those affecting tech-heavy indices like the Nasdaq, ripple through markets,” Isers explained.
Crypto-related firms trading on the Nasdaq, such as Strategy and RIOT, have seen their risk profiles shift accordingly.
Isers added that while Bitcoin saw inflows of $724 million last week amid easing trade tensions, new tariffs could dampen this momentum.
Still, he noted that the idea of replacing fiat with Bitcoin or stablecoins in global trade remains unlikely for now.
The post U.S. Spot Bitcoin ETFs Extend Inflow Streak to 10 Days, Longest Since December appeared first on Cryptonews.
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