Bitcoin ETFs post strongest inflow in two months, ending 10-day outflow streak
In brief
- Bitcoin ETFs saw $221.7 million inflow Thursday, strongest day in two months
- Fidelity's FBTC led with $165.96 million; BlackRock's IBIT posted $40.43 million outflow
- Inflow ended 10-day outflow streak that drained $2.73 billion from Bitcoin ETF funds
Fidelity Drives Inflow as BlackRock's IBIT Lags
Fidelity's FBTC led the charge with a hefty $165.96 million inflow, followed by ARKB at $91.84 million and HODL at $4.35 million. The pattern marks a notable shift from recent dominance by BlackRock's offering. BlackRock's IBIT, the world's largest Bitcoin ETF, was the outlier with a $40.43 million outflow on the same day, suggesting investor diversification across competing products.
The inflow reversal matters because it broke momentum in the wrong direction. After a grueling 10-day period of sustained withdrawals, Thursday's rebound signals renewed appetite for Bitcoin exposure through regulated vehicles.
The Bigger Picture
Despite Thursday's positive print, the year-to-date outlook remains challenging. Net outflows from Bitcoin ETFs still sit at a hefty $5.4 billion since the start of 2026, underscoring the persistent headwinds facing the asset class.
Historically, steady money flowing into Bitcoin ETFs has been a hallmark of bull runs. Whether Thursday's inflow signals the start of a sustained recovery—or remains a temporary bounce—will depend on whether fresh capital continues to flow into the funds in coming days. The next week of data will prove telling.
