The collective market for spot Bitcoin and Ethereum Exchange-Traded Funds (ETFs) has successfully reversed a prolonged downturn, officially breaking a six-day streak of net capital withdrawals. The sector recorded a significant financial rebound, attracting $252 million in total net inflows. This strong reversal was primarily driven by major institutional players: BlackRock’s IBIT fund led the recovery with $112 million in inflows, closely followed by Fidelity’s FBTC, which contributed $61.6 million. Market analysts interpret this decisive shift as a clear sign of renewed, robust institutional confidence in Bitcoin and the wider digital asset class, demonstrating buyer appetite despite recent market volatility and price fluctuations across cryptocurrencies. The previous six days of outflows had raised concerns about institutional fatigue following months of steady selling pressure, reports The WP Times with reference to Telegram.
The return to positive inflows is critical for sustaining the recent price recovery in digital assets. Analysts highlight that the consistent buying activity from major funds like IBIT and FBTC provides a necessary institutional demand floor for Bitcoin. The inflows suggest that large investors are capitalizing on recent dips to accumulate the asset at perceived lower valuations. While the inflow figure for Ethereum ETFs was not specified in the leading funds' data, its inclusion in the overall market turnaround indicates that professional investors are treating the two largest cryptocurrencies as part of a correlated portfolio strategy. This positive momentum is now viewed as a key factor in determining the near-term direction of both Bitcoin and Ethereum prices.
Read about the life of Westminster and Pimlico district, London and the world. 24/7 news with fresh and useful updates on culture, business, technology and city life: UK-listed B HODL boosts treasury; targets more BTC yield deployment
