Bitcoin ETFs End Six-Day Outflow Streak With $239.9 Million in Net Inflows

• Bitcoin ETFs end six-day outflows with $239.9M inflows led by BlackRock and Fidelity.
• Whale wallets add 10,000 BTC as sell-side pressure eases near the $100K price level.
• Analysts see ETF rebound as short-term recovery, not yet a sign of sustained demand.

U.S. spot Bitcoin exchange-traded funds (ETFs) registered $239.9 million in net inflows on Thursday, halting a six-day run of withdrawals that erased over $2 billion from the sector. The reversal follows a sudden midweek downturn that marked one of the heaviest redemption periods since the products debuted in January 2025.

Data from Farside Investors shows that BlackRock’s iShares Bitcoin Trust (IBIT) attracted $112.4 million, leading Thursday’s inflows. Fidelity’s Wise Origin Bitcoin Fund (FBTC) added $61.6 million, and the ARK 21Shares Bitcoin ETF (ARKB) brought in $60.4 million. The three funds accounted for nearly all of the day’s total inflows.

Earlier in the week, redemptions were large, reaching $488.4 million on Monday, $191.6 million on Tuesday, and a record $566.4 million on Wednesday. During that period, IBIT recorded no inflows, while FBTC saw $356.6 million withdrawn.

Market Context and Price Reaction

The renewed inflows come as Bitcoin trades near the $100,000 mark, roughly 20% below its peak of $126,000 last month. According to CoinGecko data, the cryptocurrency has slipped 1.2% over the past 24 hours, trading at $100,257 as of Friday morning. Analysts at QCP Capital stated earlier in the week that selling pressure near $100,000 coincided with a stronger dollar performance and investor caution amid uncertainty over Federal Reserve policy.

Ethereum ETFs also turned positive, recording $12.5 million in inflows on Thursday after several consecutive days of outflows. ETH remains 4.5% lower over the past 24 hours, trading around $2,235.

Whale Accumulation and Diminished Selling Pressure

On-chain indicators suggest that the recent pullback may have slowed the distribution of assets among large holders. Data referenced by market analysts shows wallets holding over 1,000 BTC collectively added more than 10,000 BTC in recent days, signaling renewed accumulation at current levels.

Yaroslav Patsira, fractional director at CEX.IO, noted that the shift in ETF flows reflects “stronger accumulation patterns” as long-term holders ease sales. Similarly, Nic Puckrin of The Coin Bureau said that lower prices tend to attract buyers once short-term traders exit the market.

While the return to positive ETF flows marks a break from the week’s heavy selling, analysts caution against declaring a full reversal. Ray Youssef, CEO of NoOnes, said that modest volumes suggest “a technical recovery rather than sustained demand.”