United States spot Bitcoin ETFs saw a $239.9 million net inflow on Thursday, reversing a six-day outflow trend that drained nearly $1.4 billion from the market. BlackRock added $112.4 million to its iShares Bitcoin Trust, leading the rebound among institutional investors.
Ether ETFs experienced a smaller six-day outflow streak, with $837 million withdrawn before a $12.51 million gain on Thursday. Solana ETFs, launched on Oct. 28, have seen $322 million in inflows without any net outflows since their inception.
Crypto market maker Wintermute emphasized ETFs as a crucial liquidity driver for the crypto sector. Wintermute identified ETFs, stablecoins, and digital asset treasuries as the main pillars of crypto liquidity, pointing out that liquidity inflows in all three sectors have plateaued. Schwab Asset Management survey showed 52% interest in ETFs and 45% in crypto-linked ETFs.
Read more at Cointelegraph: Bitcoin ETFs End Six-Day Outflow Streak With $240M Inflows
