US spot bitcoin ETFs end a $4.4B outflow streak, but the rebound is barely positive
US spot bitcoin ETFs halted their slide on Thursday, posting a modest net inflow of $3.05 million. It marked the first day of net inflows since May 14, following 13 consecutive sessions of redemptions that drained roughly $4.4 billion from the group.
The day's inflow was marginal: $3.05 million was smaller than any single-day outflow recorded during the streak.
BlackRock's iShares Bitcoin Trust (IBIT) led the gains with $47.66 million in net inflows, while products from Fidelity, Bitwise and Ark continued to see net outflows.