Spot bitcoin ETFs break outflow streak with $85.8 million Friday surge

Spot bitcoin ETFs reverse outflow trend

Friday saw a ↑ $85.8 million net inflow into spot bitcoin exchange‑traded funds, ending a five‑day streak of withdrawals.

BlackRock’s IBIT attracted ↑ $57.7 million, while Fidelity’s FBTC added $18.0 million. No listed product reported a net outflow.

Conversely, ether‑linked funds continued to shed capital, registering a ↓ 3% outflow as investors favor bitcoin‑only vehicles.

“The shift underscores a renewed appetite for regulated crypto exposure,” an analyst noted.

Data aligns with broader market rebalancing observed after the recent pandemic‑induced volatility.

For a deeper dive, see Reuters and Bloomberg.

Analysis by Chloe Winters (Venture Capital & Innovation Reporter).