Bitcoin ETF Inflows Return as Fidelity and Ark Lead $300M Turnaround
12/11/2025
After two straight weeks of redemptions, U.S.-listed spot Bitcoin ETFs swung back into positive territory Tuesday, signaling renewed institutional interest despite uneven global fund flows.
Preliminary data from SoSoValue showed net inflows of $299.8 million, led by Fidelity’s FBTC, which attracted $165.9 million, and Ark 21Shares’ ARKB, which pulled in $102.5 million. Grayscale’s GBTC added another $24.1 million, with additional reports pending.
The rebound follows a sharp contrast to the previous week, when CoinShares reported $1.17 billion in outflows from digital asset investment products — including $932 million from U.S. Bitcoin funds and $438 million from Ethereum products.
While U.S. markets stabilized, European-listed crypto funds continued to attract steady inflows, including $41 million in Germany and $50 million in Switzerland — signaling that long-term capital positioning remains stronger overseas.
Altcoins, meanwhile, continued to draw attention. Solana (SOL) saw another $118 million in inflows, bringing its nine-week total to $2.1 billion, while HBAR and Hyperliquid also logged modest but consistent gains, according to CoinShares data.
The divergence underscores investor preference for newer high-performance networks over established assets temporarily constrained by macroeconomic factors.
“In roughly a week, Bitcoin’s circulating supply will hit 19.95 million coins, or 95% of its 21 million cap,” said Thomas Perfumo, Kraken’s global economist, in a note to CoinDesk. “That milestone reinforces Bitcoin’s engineered scarcity and its role as a neutral, globally accessible store of value.”
Perfumo noted that while near-term price swings reflect changing U.S. liquidity conditions, Bitcoin’s underlying fundamentals and adoption trends continue to strengthen.
Institutional investors appear to agree — buying dips through ETFs, trimming exposure to speculative altcoins, and maintaining Bitcoin as a core portfolio asset rather than a short-term trade.
Market Snapshot
- BTC: Up 1.4% to $103,000, recovering part of last week’s losses as inflows signaled renewed demand.
- ETH: Gained 2.1% to $3,424, outperforming Bitcoin as traders rotated into large-cap majors.
- Gold: Held near record highs at $4,134.6, after economist James Thorne warned the U.S. had crossed a fiscal “Rubicon,” potentially setting up a “Bretton Woods 2.0” era of monetary realignment.
