Spot Bitcoin ETFs See 10th Day of Net Inflows

Spot Bitcoin exchange-traded funds in the US extended their positive inflow streak to 10 days on Thursday, marking the longest run since December.

On Thursday, Bitcoin ETFs recorded a total daily net inflow of $89 million, according to SoSoValue data. Fidelity’s FBTC led with $97.14 million in inflows, while BlackRock’s IBIT received nearly $4 million.

Conversely, Invesco’s BTCO experienced outflows of nearly $7 million, along with $5 million from WisdomTree’s BTCW.

Despite this, inflows over the past 10 trading days remain “relatively modest,” noted Jung of Presto.