Bitcoin ETFs See Seven Straight Days of Net Inflows, Signaling Market Optimism

Bitcoin

Bitcoin ETFs See Seven Straight Days of Net Inflows, Signaling Market Optimism

This marks a notable shift in market sentiment.

Positive Inflows Reflect Growing Institutional Confidence

On Monday, spot Bitcoin ETFs reported a total of $84.17 million in net inflows. Fidelity‘s FBTC led the charge with $82.85 million, followed by Bitwise’s BITB, which saw $19.23 million. BlackRock‘s IBIT, the largest spot bitcoin ETF by net assets, added $18 million, while VanEck’s HODL reported $5 million. Despite some outflows from Ark and 21Shares ARKB, the overall seven-day inflow streak resulted in a cumulative $860.6 million, pushing the total net inflows to $36.13 billion.

Signs of Optimism Amid Macroeconomic Shifts

According to some crypto experts, these inflows are indicative of a shift in sentiment, with institutions increasing their Bitcoin investments. She attributes the positive momentum to improving macroeconomic conditions, including the Federal Reserve‘s shift from quantitative tightening to easing, and optimistic comments from former President Trump about rate cuts. Legal developments, such as XRP’s recent legal win, have also helped to ease regulatory concerns, further fueling optimism.

Bitcoins Role as a Key Asset Gaining Traction

Analyst Enmanuel Cardozo from Brickken added that global liquidity climbing roughly 8% this year is creating an environment favorable for Bitcoin. He believes the inflows represent a combination of macro market momentum and Bitcoins growing maturity as a key asset in investment portfolios. The price of Bitcoin even crossed $88,000 earlier, settling around $86,590. However, Lucas cautioned that while the inflow streak is promising, it is still too early to declare it a lasting trend.

In contrast, spot ether ETFs saw no inflows on Monday, following a 13-day streak of negative flows, during which over $400 million left ether funds. Lucas noted this discrepancy as a sign of uneven investor confidence, advising that investors take a broader view rather than focusing solely on short-term trends.