Bitcoin Spot ETFs Rebound with $417M Inflow, Breaking $350M Outflow Streak

Bitcoin spot Exchange-Traded Funds (ETFs) experienced a significant reversal in their financial flows over the past week. After facing their worst week since launch, with total outflows reaching $889.75 million from March 18-22, the trend shifted positively. The outflows peaked at $326.2 million on March 19 but subsided to $51.6 million by March 22. This downtrend was reversed on March 25, when Bitcoin spot ETFs recorded a net inflow of $15.7 million, breaking the five-day streak of net outflows. Notably, the Grayscale ETF GBTC saw a net outflow of $350 million on the same day. The following day, March 26, marked a substantial increase in inflows, with a total net inflow of $417 million across various Bitcoin spot ETFs, including significant contributions from Fidelity's FBTC ($279.1 million), BlackRock's IBIT ($162.16 million), Ark Invest's ARKB ($73.6M), and other key players. This marked a stark contrast to the previous week's heavy outflows, showcasing a robust recovery in investor interest in Bitcoin spot ETFs, with the total net inflow reaching $11.27 billion as of March 22.