U.S. spot Bitcoin ETFs snap a seven-day outflow streak with $355M in fresh inflows, led by BlackRock, ARK 21Shares, and Fidelity funds.
Summary
- U.S. spot Bitcoin ETFs saw $355M in net inflows on Dec. 30, ending a seven-day, $1.12B outflow streak across major issuers.
- BlackRock, ARK 21Shares, and Fidelity led the rebound, while Bitwise, VanEck, and Grayscale also logged smaller positive flows.
- The single positive session has not erased prior losses, leaving traders watching early January flows for a clearer sentiment shift.
U.S. spot Bitcoin exchange-traded funds recorded $355 million in net inflows on December 30, ending a seven-day outflow streak that totaled more than $1.12 billion, according to daily flow data.
The reversal marked the first positive session after a sustained period of withdrawals across the sector. During the preceding week, daily outflows frequently exceeded $150 million, with December 26 recording one of the largest single-day drawdowns, the data showed.
US Bitcoin ETFs saw 355m inflows
BlackRock’s Bitcoin ETF led inflows on December 30 with approximately $143.7 million, according to the flow data. Fidelity’s fund recorded $78.6 million in inflows, while the ARK Invest and 21Shares fund added $109.6 million.
Additional inflows came from Bitwise’s fund at $13.9 million, VanEck’s fund with $5.0 million, and Grayscale’s product, which posted $4.3 million. Several other funds reported no material activity for the session.
The inflows were distributed across multiple issuers, contrasting with the prior week when outflows affected nearly all major funds uniformly. The sustained selling during late December pushed total weekly losses past the $1 billion threshold.
Most spot Bitcoin ETFs currently charge annual fees between 0.19% and 0.25%, with some exceptions at higher and lower levels. The December 30 inflows were not concentrated exclusively in the lowest-fee products, but spread across several major issuers, the data indicated.
The positive flows on December 30 interrupted the downward trend but did not offset the losses from the previous week. Market observers noted that subsequent trading sessions in early January would be necessary to determine whether the reversal represents a sustained shift in investor sentiment or a temporary pause in selling activity.
Source: https://crypto.news/u-s-bitcoin-etfs-record-355-million-inflows-after-seven-day-outflow-streak/
