On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) had net inflows of $226.6 million, snapping a three-day streak of outflows.
Fidelity's FBTC had the most inflows ($106.6 million), followed by VanEck's HODL ($46.4 million). BlackRock's IBIT, the largest spot bitcoin ETF by net assets, saw $32.5 million invested. ETFs from Bitwise, Grayscale, and Franklin Templeton also recorded net gains.
Earlier this week, the spot bitcoin ETFs had continuous withdrawals of $86 million on Wednesday, $67.9 million on Tuesday, and $131.4 million on Monday. Despite this renewed momentum, Bitcoin's price fell 1.7% in the last 24 hours, to $115,988. Ethereum, meanwhile, rose 0.8% to $3,644.
Onchain data showed that Galaxy Digital transferred over 10,000 BTC (worth $1.1 billion) to cryptocurrency exchanges before withdrawing $370 million in USDT from OKX, Binance, and Bybit. In contrast to the previous trend with bitcoin ETFs, spot Ethereum ETFs showed net inflows of $231.2 million on Thursday, extending a 15-day winning streak.
