Spot Bitcoin ETFs saw their strongest single-day inflows in two months, led largely by funds outside BlackRock’s IBIT.
U.S.-listed Bitcoin ETFs attracted $221.7 million in inflows on Thursday, the biggest daily intake in about eight weeks, according to SoSoValue data.
Fidelity’s FBTC led with $165.96 million in inflows, followed by ARKB at $91.84 million and HODL at $4.35 million. In contrast, BlackRock’s IBIT—the largest Bitcoin ETF by assets—recorded $40.43 million in outflows.
The net inflow ended a 10-day run of withdrawals that had drained roughly $2.73 billion from the group. Even so, year-to-date flows remain negative, with total net outflows still around $5.4 billion.
While the rebound offers near-term relief for sentiment, it remains modest relative to the broader selling seen earlier this year. Still, it helped support Bitcoin’s recovery toward $61,700 after a drop below $58,000 earlier in the week.
For a more sustained recovery, ETF inflows will likely need to persist, as historical bull phases have typically been underpinned by steady institutional demand rather than isolated bursts.
