Bitcoin ETF flows turn positive for the year, overall sentiment recovers

Odaily Planet Daily News A BNY Mellon ETF business executive stated that Bitcoin ETF flows have turned net positive within the year, returning to positive territory overall.

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

To date, the 12 spot Bitcoin ETFs recorded a net inflow of approximately $335 million in a single day, with cumulative monthly inflows exceeding $2.1 billion, and year-to-date net inflows of about $1.8 billion.

Among them, BlackRock's IBIT was the largest contributor, with inflows of approximately $246 million in a single day and monthly inflows reaching $1.9 billion; meanwhile, Grayscale's GBTC still recorded some outflows.