Increased Investor Appetite for Spot Bitcoin ETFs
In the United States, the interest in spot Bitcoin ETFs has gained momentum once more with substantial inflows observed over three consecutive days. On Wednesday, high-volume net fund flows indicated that investors were redirecting their portfolios towards riskier assets following year-end cautious positioning. Capital flow into ETFs over the recent three-day period surpassed $1.7 billion, marking one of the most notable movements in recent months. Market data suggest that growing regulatory clarity and expectations of institutional demand have stimulated appetite for cryptocurrencies.
A Strong Three-Day Capital Influx in Bitcoin ETFs
On Wednesday, U.S. spot Bitcoin ETFs attracted a total of $843.6 million in net inflows, the highest daily level recorded since October 7th. This data demonstrated strengthened momentum, surpassing the $754 million attained the previous day, marking a three-month peak. The total capital directed towards ETFs over the last three days amounted to $1.71 billion, significantly impacting market perception of short-term direction.
According to SoSoValue data, eight out of twelve spot Bitcoin ETFs reported positive net capital flows. BlackRock’s IBIT product led with a $648 million inflow, while Fidelity’s FBTC ETF received $125.4 million. The ARKB ETF, by Ark & 21Shares, contributed $27 million, and positive movements were also observed in the ETFs belonging to Grayscale, Bitwise, VanEck, Valkyrie, and Franklin Templeton.
Nick Rick, the director of LVRG Research, emphasized that institutional investors have moved beyond the year-end risk reduction process, reallocating capital into crypto-based investment products. Rick highlighted the increasing ETF demand as a tangible indicator of revived confidence on the institutional side.
Positive Trends in Ethereum, Solana, and XRP ETFs
Spot Ethereum ETFs also drew a $175 million net inflow on Wednesday, marking their third consecutive positive day. The activity indicates that the market has not focused solely on a single asset and that institutional interest extends to a broader cryptocurrency portfolio.
Limited yet noteworthy inflows were seen in Solana- and XRP-based ETF products. Spot Solana ETFs attracted $23.5 million, while XRP ETFs received $10.6 million. Vincent Liu, CIO of Kronos Research, stated that the steady inflows into crypto ETFs create a structural support for prices and that regulatory clarity reinforces this trend.
Along with capital flows, an upward trend in prices was also observed. Bitcoin’s price rose by 1.79% in the last 24 hours, trading at $96,447, while Ethereum was around $3,313. The institutional demand via ETFs indicates that medium-term expectations in the cryptocurrency market are being reshaped.