Bitcoin ETFs See Record Inflows as Investor Sentiment Turns Positive

Bitcoin ETFs recorded a massive inflow on Thursday. According to recent reports, exchange-traded funds saw over $470 million inflow on the last day

Bitcoin exchange-traded funds (ETFs) saw a massive inflow on Thursday, with over $470 million entering the funds in a single day.

In total, Bitcoin ETFs have seen nearly $2 billion in inflows this week, according to recent reports.

The majority of yesterday’s inflows were directed to BlackRock’s iShares Bitcoin Trust ETF (IBIT), which saw an inflow of $309 million over the last trading day. IBIT has seen a total of $1.07 billion in inflows this week, leading the pack among Bitcoin ETFs.

Other spot ETFs also saw significant inflows, with Ark and 21Shares’ ARKB ETF hauling in over $100 million in net inflows on Thursday. Grayscale’s Bitcoin Trust (GBTC) saw an inflow of $45.70 million, while Fidelity’s FBTC ETF added $11.69 million to the tally.

This news follows reports that all cumulative inflows from Bitcoin ETFs have reached a milestone of $20 billion since their debut earlier this year.

Positive investor sentiment is pumping the market

Harsh economic conditions, which have been a hallmark of the post-pandemic market since 2022, finally showed signs of easing during the last quarter of 2024.

Reports like this week’s first consecutive interest rate cut in a decade by the European Central Bank signaled that we could be headed toward a more stable economy, free from the recession and inflationary concerns that are expected to plague 2025.

For digital assets, the fact that crypto firms are giving the SEC its money’s worth when it comes to the legal battle over whether altcoins should be classified as securities is also a positive note.

These favorable market conditions are creating a sense of optimism among investors, drawing more interest and funds into the cryptocurrency space. While it’s still early to gauge the long-term effects, this surge in Bitcoin ETF inflows highlights growing confidence in digital assets.

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