The American spot Bitcoin ETFs experienced a significant turnaround on Monday, registering a net inflow of $274.6 million—the highest since early February. This positive change follows several weeks of heavy selling pressure, during which these funds lost nearly $5.4 billion over five consecutive weeks, according to Farside Investors.
Industry experts suggest that end-of-quarter institutional portfolio rebalancing, coupled with increasing interest in more cost-effective ETFs, has been a major driver behind this rebound. Crypto analyst Rachel Lucas indicated that the recent Bitcoin price stability, along with increased institutional confidence, has likely been instrumental in attracting new inflows.
Notable ETF Inflows
Among the five Bitcoin ETFs tracked on Monday, Fidelity’s FBTC was the leader with inflows totaling $127.3 million. It was followed by a joint offering from Ark and 21Shares, which secured $88.5 million. BlackRock’s IBIT—the largest Bitcoin ETF by assets—reported a net inflow of $42.3 million, while Bitwise’s BITB and Grayscale’s Mini Bitcoin Trust also recorded gains.
Market Activity and Price Stability
The total trading volume for Bitcoin ETFs reached $1.87 billion on that day, and since their launch, the cumulative net inflow has risen to an impressive $35.58 billion. Concurrently, the leading digital asset stabilized around $83,000 after a period characterized by substantial price volatility.
Lucas warned that market turbulence could persist as the quarter concludes. While continued institutional rebalancing could support further inflows, a significant decrease in Bitcoin’s price could again initiate considerable outflows.
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