After a brief pause in investor sentiment, U.S. spot Bitcoin ETFs logged $226.6 million in net inflows on Thursday, snapping a three-day outflow streak. The inflows came even as Bitcoin slipped 1.7% to trade at $115,988, suggesting a growing appetite among long-term institutional investors.
ETF Breakdown: Fidelity, VanEck Lead Thursday’s Rebound
Fidelity’s FBTC was the top-performing Bitcoin ETF on Thursday, bringing in $106.6 million, while VanEck’s HODL followed with $46.4 million in net inflows. BlackRock’s IBIT, the largest by assets under management, attracted $32.5 million, despite recent softness in BTC’s price action.
This marks a significant reversal from earlier in the week, when spot Bitcoin ETFs posted three consecutive days of outflows: $131.4 million on Monday, $67.9 million on Tuesday, and $86 million on Wednesday.
Other funds from Bitwise, Grayscale, and Franklin Templeton also recorded positive flows, contributing to the overall market recovery.
Ethereum ETFs Continue to Shine With $231 Million Inflows
Ethereum continues to outpace Bitcoin in terms of ETF performance. On the same day, spot Ethereum ETFs registered $231.2 million in net inflows, extending their 15-day positive streak.
The sustained ETH inflows reflect rising institutional confidence, especially as Ethereum prepares for increased tokenization, restaking infrastructure, and scalability upgrades.
ETH prices rose 0.8% to $3,644, contrasting Bitcoin’s dip and reinforcing Ethereum’s leadership during this phase of the crypto cycle.
On-Chain Activity: Galaxy Digital Moves $1.1 Billion in BTC
According to on-chain data, Galaxy Digital deposited over 10,000 BTC (approx. $1.1 billion) to multiple exchanges including OKX, Binance, and Bybit. The firm later withdrew $370 million in USDT, indicating strategic repositioning rather than a sell-off.
Market Outlook: Institutions Accumulating Amid Volatility
Despite BTC’s short-term dip, ETF inflows signal long-term institutional confidence in crypto markets. The re-entry of capital into Bitcoin ETFs — combined with Ethereum’s sustained dominance — points to a healthy rotation and accumulation trend.
ETF activity remains one of the strongest indicators of institutional sentiment — and right now, both BTC and ETH are drawing steady demand.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.