U.S.-listed spot Bitcoin exchange-traded funds have recorded a 10-day streak of net inflows, marking their longest run of positive momentum since December last year.
According to data from SoSoValue, Thursday’s total net inflow reached $89 million, with Fidelity’s FBTC leading the charge, receiving $97.14 million. BlackRock’s IBIT also saw a modest gain of around $4 million.
Overall, the past 10 trading sessions brought in $1.06 billion, which, while significant, remains below the single-day inflow seen on January 17.
However, not all funds shared the same trajectory. Invesco’s BTCO experienced an outflow of nearly $7 million, while WisdomTree’s BTCW recorded a $5 million withdrawal.
As a result, total assets under management have increased by 6.3% from their recent low on March 10. The United States accounted for the bulk of the inflows, contributing $632 million.
As reported, digital asset investment products saw a strong turnaround last week, recording $644 million in inflows and ending a five-week streak of outflows.
Since February 20, spot Ether ETFs have posted net outflows on all but two trading days. Jung highlighted this contrast as a sign of stronger investor conviction in Bitcoin.
Bitcoin was the clear leader in the recovery, drawing in $724 million after five weeks of outflows totaling $5.4 billion. As of now, Bitcoin is trading at $85,265, down by more than 2% over the past day. The leading cryptocurrency is largely flat over the past month.
However, the renewed optimism was not limited to the U.S., with Switzerland, Germany, and Hong Kong also seeing inflows of $15.9 million, $13.9 million, and $1.2 million, respectively.
However, President Trump’s aggressive trade measures and proposed federal spending cuts have raised concerns, particularly in regions reliant on government contracts like the Washington metropolitan area, where unemployment claims have increased.
New jobless claims in the U.S. declined slightly last week, with unemployment holding steady at 4.1% in March, indicating a stable labor market despite slowing hiring.
“Trade policy changes, especially those affecting tech-heavy indices like the Nasdaq, ripple through markets,” Isers explained.
Isers added that while Bitcoin saw inflows of $724 million last week amid easing trade tensions, new tariffs could dampen this momentum.
In a comment shared with Cryptonews.com, Paybis CEO Innokenty Isers said the global financial system is highly sensitive to U.S. policy shifts.