US-listed spot Bitcoin exchange-traded funds are gaining momentum alongside Bitcoin’s price recovery, recording consistent inflows since mid-April.
Spot Bitcoin ETFs attracted $335.8 million in inflows on Wednesday, marking a seventh straight day of gains, according to Farside data. Over that streak, total inflows reached დაახლოებით $1.9 billion—surpassing the previous seven-day run in March, which brought in $1.2 billion.
According to Wallet Pilot, these ETFs now collectively hold around 1.3 million Bitcoin, valued at roughly $103 billion in assets under management.
The steady inflows have coincided with a rising Bitcoin price, which has climbed 11% over the past 30 days. The asset briefly moved above $79,000 on Wednesday—its first time at that level since late January, per CoinGecko data.
BlackRock dominates inflows
BlackRock has led the latest inflow streak, with its iShares Bitcoin Trust (IBIT) accounting for over 73% of total inflows—about $1.4 billion. The fund currently holds 809,870 Bitcoin, representing roughly 62% of total assets across US-listed spot Bitcoin ETFs.
The Morgan Stanley Bitcoin Trust (MSBT) has also contributed to the trend, adding $95 million during the streak. Notably, the fund has yet to record a single day of outflows, accumulating $163 million since its launch on April 8.
Still, not all funds shared in the gains over the past seven trading sessions. The Grayscale Bitcoin Trust ETF (GBTC) led outflows, recording roughly $100 million in net redemptions.
Meanwhile, Ether—the second-largest crypto asset by market cap—has also been seeing renewed interest in US-listed spot ETFs. These funds have posted a 10-day inflow streak totaling $633.6 million, according to Farside.
Broader Ether investment products also logged their strongest week since January, turning positive on a year-to-date basis, according to CoinShares.
The recovery across spot markets comes as the Crypto Fear & Greed Index climbed to 46—its highest level since late January—though it remains in “fear” territory. Despite the recent rebound, Bitcoin is still down about 11% so far this year.
