Bitcoin edges lower; spot BTC ETFs log $226 million in daily inflows after three-day outflows
Quick Take
- Bitcoin fell 1.7% in the past 24 hours to trade at $115,988, while Ethereum edged up 0.8% to $3,644.
- U.S. spot bitcoin ETFs recorded $226.6 million in net inflows on Thursday, ending a three-day negative streak.
U.S. spot bitcoin exchange-traded funds saw $226.6 million in net inflows on Thursday, ending a three-day streak of outflows.
Among the ETFs, Fidelity's FBTC recorded the highest inflows on Thursday at $106.6 million, followed by VanEck's HODL with $46.4 million, according to SoSoValue data. BlackRock's IBIT, the largest spot bitcoin ETF by net assets, also saw $32.5 million flow into the product. Bitwise's, Grayscale's and Franklin Templeton's ETFs also reported inflows.
Thursday's inflow ended a three-day streak of outflows. The spot bitcoin ETFs saw outflows of $86 million on Wednesday, $67.9 million on Tuesday, and $131.4 million on Monday.
Bitcoin slid 1.7% in the past 24 hours to $115,988, while Ethereum edged up 0.8% to $3,644, according to The Block's price page.
Onchain analytics provider Lookonchain reported, citing Arkham data, that Galaxy Digital deposited over 10,000 BTC ($1.1 billion) to crypto exchanges and later withdrew 370 million USDT from OKX, Binance and Bybit.
Meanwhile, spot Ethereum ETFs reported $231.2 million in net inflows on Thursday, extending its inflow streak to 15 days.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
