US spot bitcoin ETFs see $240 million in inflows, ending six-day outflow streak
U.S. spot bitcoin exchange-traded funds saw $240 million in net inflows on Thursday, ending a six-day streak of outflows.
BlackRock's IBIT led the inflows on Thursday, with $112.4 million flowing in, according to SoSoValue data. Fidelity's FBTC followed with $61.6 million, while Ark & 21Shares' ARKB attracted $60.4 million. Bitwise's BITB also saw $5.5 million in new inflows.
The trading volume of the spot bitcoin ETFs amounted to $4.77 billion yesterday, compared to $4.07 billion the day before.
Thursday's inflows brought an end to a six-day streak of outflows, during which a total of $2.05 billion exited the ETFs.
Bitcoin traded down 1.32% over the past 24 hours at $101,919, falling roughly 7% in the past week, according to The Block's price page. Ethereum slipped 1.2% to $3,345.
The world's largest cryptocurrency could climb to around $170,000 over the next six to 12 months based on its volatility-adjusted comparison to gold, according to JPMorgan analysts.
Meanwhile, spot Ethereum ETFs in the U.S. reported $12.5 million in net inflows yesterday, bringing an end to six consecutive days of outflows.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.