Bitcoin ETFs Snap 10-Day Losing Streak With $222 Million Inflow

US spot bitcoin ETFs pulled in $221.7 million on Thursday, breaking a ten-day run of outflows. Fidelity’s fund led the way with $166 million, followed by Ark Invest and 21Shares’ joint fund at $91.8 million, while VanEck added a smaller $4.4 million. It marked the first positive day since mid-June, after which the funds bled more than $2.7 billion, capping off the worst month for bitcoin ETFs since they launched in 2024.

BlackRock’s Fund Remains The Outlier

BlackRock’s IBIT was the only fund still losing money on the day, shedding $40.4 million and extending its outflow streak to eleven straight days, totaling roughly $2.2 billion pulled out over eight consecutive weeks. One research director said the pattern likely reflects investors shifting toward smaller, lower-fee funds rather than genuine bearishness on bitcoin itself.

Bitcoin Price And Long-Term Holders Recover

Bitcoin has climbed from around $58,000 to roughly $61,730 since the start of the month. Analysts at Glassnode noted long term holders have resumed buying after a period of selling, with demand spreading across both smaller and mid-sized wallets, a sign the market may be shifting toward cautious optimism.