U.S. spot Bitcoin exchange-traded funds (ETFs) saw a strong rebound on Thursday, posting $239.9 million in net inflows and ending a six-day streak of nearly $1.4 billion in outflows.
Data from Farside Investors shows the turnaround followed a volatile week marked by profit-taking and broader macroeconomic uncertainty, which had triggered heavy redemptions from leading institutional Bitcoin products.
BlackRock led the recovery with $112.4 million flowing into its iShares Bitcoin Trust (IBIT), followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $61.6 million. The ARK 21Shares Bitcoin ETF (ARKB) added $60.4 million, while Grayscale’s GBTC—previously hit by continuous withdrawals since mid-October—remained flat.
The six-day sell-off represented one of the sharpest drawdowns since spot Bitcoin ETFs debuted in January, making Thursday’s reversal a notable shift in market sentiment.
Ether and Solana ETF Performance
Much like their Bitcoin counterparts, spot Ether exchange-traded funds (ETFs) also endured a six-day streak of outflows, though on a smaller scale.
Data from SoSoValue shows that investors pulled roughly $837 million from ETH-based products over the period, marking a sustained wave of withdrawals. However, the trend shifted on Thursday, with spot Ether ETFs recording modest net inflows of $12.51 million — signaling early signs of renewed investor confidence.
Spot Solana ETFs have shown strong performance since debuting on Oct. 28. According to SoSoValue data, SOL-based funds have attracted $322 million in inflows and have yet to record a single day of net outflows — a sign of steady investor demand.
ETFs Emerging as a Core Liquidity Engine for Crypto
On Thursday, crypto market maker Wintermute identified ETFs as one of the three main pillars supporting liquidity in the digital asset space.
In a recent blog post, Wintermute emphasized that liquidity — more than technological innovation — drives every major crypto market cycle. The firm highlighted stablecoins, ETFs, and digital asset treasuries as the key sources of liquidity, noting that inflows across all three segments have recently plateaued.
Meanwhile, a Schwab Asset Management survey found that 52% of investors plan to allocate funds to ETFs in general, while 45% expressed interest in crypto-related ETFs, reflecting growing mainstream engagement with digital asset investment products.
