ETF Whiplash: $BTC Spot Funds Bleed, Then Patch Themselves Up

Spot Bitcoin exchange-traded funds ended a four-day outflow streak with net inflows of $252.10 million, according to data from SoSoValue. The reversal came after the funds recorded a cumulative net outflow of $1.17 billion across the previous four sessions. Fidelity's FBTC led the rebound with $124.82 million in net inflows, followed by BlackRock's IBIT at $66.43 million, Bitwise's BITB at $34.35 million, and Ark Invest and 21Shares' ARKB at $26.50 million. The $BTC price held above $113,000 despite the earlier outflows, trading near $113,123 at press time.

The week had opened with a shift in sentiment after the U.S. spot Bitcoin ETF complex logged its first day of net outflows following a multi-day inflow streak. Investors pulled a net $51.30 million from the funds in a single session, breaking a stretch of consecutive net-positive days. Fidelity's FBTC accounted for $70.48 million in net outflows on the day, while BlackRock's IBIT saw $22.10 million in net inflows over the same period.

Market participants tracked the divergence between fund flows and spot price action as $BTC remained range-bound above $113,000 through the period. The combination of outflows and stable price levels drew commentary from analysts referencing historical patterns of ETF-driven volatility in $BTC markets.

Spot Ethereum ETFs recorded $67.66 million in net inflows on the same day, according to SoSoValue data. Fidelity's FETH led with $44.30 million in net inflows, while BlackRock's ETHA reported $26.53 million. The mixed signals across spot crypto products came as broader equity markets awaited the Federal Reserve's next policy decision.

Data from SoSoValue continues to serve as the primary reference for U.S. spot crypto ETF flow tracking across both $BTC and $ETH products.