U.S. spot Bitcoin exchange-traded funds ( ETFs ) continued their streak of net inflows for the tenth consecutive day on Thursday, marking the longest positive streak since December 2024.
Ongoing entries indicate that institutional investors continue to show interest in Bitcoin despite a broader market slowdown. Min Jung, an analyst at Presto Research, stated, “This situation shows that there is still demand for Bitcoin in the market, even if institutions are not taking on risk aggressively.”
According to SoSoValue data, spot Bitcoin ETFs saw a total net inflow of 89 million dollars on Thursday. The breakdown of significant fund movements includes the following:
In the past 10 trading days, spot Bitcoin ETFs have achieved a net inflow of $1.06 billion, but Jung noted that this pace is relatively modest compared to previous increases. It is noteworthy that this amount is smaller than the single-day inflow recorded on January 17.
Cryptocurrency and stock markets have faced increasing volatility in recent weeks following former U.S. President Donald Trump’s announcement of new tariffs on foreign imports. While some investors have regained confidence, the ongoing uncertainty regarding trade policies continues to affect market sentiment.
An important trend emerging in the ETF space is the stark contrast between the investment flows of Bitcoin and Ethereum. While Bitcoin ETFs have sustained stable inflows, spot Ethereum ETFs have seen net outflows on all days except for two since February 20.
Jung, "This contrast highlights a clear difference in investor sentiment between Bitcoin and Ethereum" he said, signaling stronger institutional confidence in Bitcoin compared to Ethereum.