Renewed Interest in Bitcoin ETFs

Spot Bitcoin ETFs trading in the US recorded a net inflow for the third consecutive day, indicating a resurgence of investor interest.
While spot Bitcoin exchange-traded funds (ETFs) in the US saw a net inflow for the third straight day, the series of outflows continued for spot Ether ETFs. According to recent data, investor interest in Bitcoin ETFs is on the rise again, while Ether ETFs maintain a negative trend.
BITCOIN ETFs NET INFLOW OVER THREE DAYS: $209 MILLION
According to data from SoSoValue, US spot Bitcoin ETFs recorded a total net inflow of $209 million on Tuesday. This marks the longest positive inflow series since the beginning of February. In particular, BlackRock’s IBIT fund stood out as the ETF with the highest investor interest, with a net inflow of $218.12 million.
On the other hand, the fund jointly managed by Ark Invest and 21Shares experienced a net outflow of $9 million. No net inflow or outflow was reported throughout the day for the other 10 Bitcoin ETFs.
This recovery in Bitcoin ETFs comes after a five-week wave of outflows. During that period, a total of $5.4 billion was withdrawn. However, the $274.6 million net inflow seen earlier this week marked the largest single-day inflow since February 4. So far this week, Bitcoin ETFs have attracted $483.7 million in investments.
BTC Markets Crypto Analyst Rachael Lucas attributed this increase to quarterly end institutional portfolio rebalancing and Bitcoin’s price stability.
On Tuesday, a total trading volume of $2.12 billion was generated in 12 spot Bitcoin ETFs. Thus, cumulative net inflows for Bitcoin ETFs traded in the US reached $35.79 billion.
ETHER ETFs SEE TENTH CONSECUTIVE DAY OF OUTFLOWS
Despite the positive trend in Bitcoin ETFs, spot Ether ETFs recorded a net outflow for the tenth consecutive day. This marks the longest outflow streak since the launch of the funds in July 2024.
BlackRock’s ETHA fund saw a net outflow of $40.17 million.
Grayscale’s Mini Ethereum Trust reported a negative flow of $9.33 million.
Fidelity’s FETH ETF also saw a net outflow of $3.32 million.