Key facts
- U.S.-listed Bitcoin ETFs recorded a $221.7 million inflow on Thursday.
- This inflow ended a 10-day streak of outflows for Bitcoin ETFs.
- The $221.7 million inflow is the largest daily inflow in two months for Bitcoin ETFs.
- Year-to-date net outflows from Bitcoin ETFs remain significant.
- Bitcoin exchange inflows reached 49,000 BTC on June 30.
- Large Bitcoin exchange inflows have historically preceded increased volatility.
- Large Bitcoin exchange inflows have historically preceded potential downside risk.
U.S.-listed Bitcoin exchange-traded funds (ETFs) experienced a substantial inflow of $221.7 million on Thursday, signaling a potential shift after a prolonged period of outflows. This inflow represents the largest single-day influx in approximately two months and effectively ends a 10-day streak where investors withdrew funds from these products. Despite this recent positive movement, year-to-date net outflows from Bitcoin ETFs remain a notable factor in the market.