Spot bitcoin ETFs return to positive flows, BTC recovers above $92,000
U.S. spot bitcoin ETFs saw $75.47 million in net inflows on Wednesday, breaking a five-day outflow streak as BTC recovered above $92,200.Summary
Spot bitcoin exchange-traded funds (ETFs) in the U.S. recorded net inflows of $75.47 million on Wednesday, ending a five-day streak of outflows that had seen over $2.26 billion withdrawn between November 12 and 18. BlackRock's IBIT attracted $60.61 million, while Grayscale's Mini Bitcoin Trust saw $53.84 million in inflows, partially offset by outflows from Fidelity's FBTC and VanEck's HODL. This positive shift coincided with Bitcoin recovering to $92,200. Analysts suggest the prior outflows were institutional recalibration rather than capitulation, anticipating a return of risk appetite as macroeconomic signals, such as the Federal Reserve's interest rate outlook, become clearer. Meanwhile, spot Ethereum ETFs continued their outflow streak, but newly launched spot Solana ETFs performed strongly, taking in $55.6 million.
(Source：The Block)