Bitcoin ETF Flows Turn Positive for the Year, Overall Sentiment Warms Up

According to Odaily, the head of ETF business at BNY Mellon stated that Bitcoin ETF flows have turned net positive for the year, returning to positive territory overall.

Bloomberg data shows that spot Bitcoin ETF flows across all periods have turned positive for the first time in months. Although there were outflows earlier due to low coin prices and macroeconomic uncertainty, the scale was relatively limited.

To date, the 12 spot Bitcoin ETFs have seen net daily inflows of approximately $335 million, with monthly cumulative inflows exceeding $2.1 billion and year-to-date net inflows of about $1.8 billion.

Among them, BlackRock's IBIT is the largest contributor, with inflows of about $246 million in the latest day and $1.9 billion for the month, while Grayscale's GBTC continues to see some outflows.