Bitcoin exchange-traded funds (ETFs) in the U.S. have seen positive net inflows for the seventh consecutive day on Monday, marking the longest streak of continuous inflows since January 24. This indicates a return of institutional investors' interest in the largest digital currency in the world after weeks of significant outflows during February and early March.
According to SoSoValue data, the daily net inflows for Bitcoin ETFs reached $84.17 million on Monday. The FBTC fund by Fidelity led the list with net inflows of $82.85 million, followed by the BITB fund by Bitwise with $19.23 million.
The IBIT fund managed by BlackRock, which has the largest net assets, attracted inflows of $18 million, while the HODL fund by VanEck recorded positive inflows of $5 million.
A Positive Shift in Market Sentiment? Data shows that total net inflows over the past seven days amounted to $860.6 million, raising the cumulative inflows for spot Bitcoin funds to $36.13 billion.
Analysts believe that these positive inflows coincide with an improvement in macroeconomic conditions, particularly with the Federal Reserve's shift from monetary tightening to easing, along with recent statements from Donald Trump that bolstered expectations for interest rate cuts. Additionally, the decline in regulatory fears following legal developments favoring XRP adds more momentum to the market.
As investments continue to flow into Bitcoin ETFs, investors are waiting to see whether this upward trend will persist or if it is merely a short-term rebound in the cryptocurrency market.
