Bitcoin ETFs Attract $222M, End 10-Day Outflow Streak
IBIT•U.S. spot Bitcoin ETFs saw net inflows of $222 million on Thursday, snapping a 10-day outflow streak and coinciding with a 0.75% rise in Bitcoin. In the same session, IBIT shares climbed 2.56% as investors returned to digital-asset products following persistent withdrawals.
1. Spot Bitcoin ETFs Return to Net Inflows
After ten consecutive days of outflows, U.S. spot Bitcoin ETFs recorded $222 million in net inflows on Thursday, driven by renewed investor interest in digital assets and a slight uptick in Bitcoin’s price to $47,800.
2. IBIT Performance on Inflow Day
IBIT shares rose 2.56% during the session, outperforming several peers as fund flows reversed, reflecting growing demand for its low-fee structure and diversified Bitcoin exposure strategy.
3. Market Sentiment and ETF Flows
The inflow reversal follows data showing reduced selling pressure from large institutional holders, while analysts note that sustained buy-the-dip behavior could support further ETF inflows if Bitcoin holds above key support levels.
