Bitcoin ETF inflows have skyrocketed, signaling renewed investor confidence despite recent price fluctuations. On Wednesday alone, over $315 million poured into U.S.-listed Bitcoin ETFs, reversing the $96 million in outflows recorded just a day earlier.
$319 Million in Daily Inflows Reflects Growing Optimism
The market saw a major turnaround midweek. According to SosoValue, none of the twelve U.S.-listed spot Bitcoin ETFs reported outflows on Wednesday. Instead, they collectively drew $319.56 million in net inflows, making it one of the strongest single-day performances in recent weeks.
This sudden surge suggests that both retail and institutional investors are taking advantage of a slight price dip to accumulate BTC, confident in its long-term potential.
BlackRock and Fidelity Lead the Way
Among all ETFs, BlackRock’s IBIT stood out, attracting a massive $232.89 million in net inflows in a single day. This pushed its total historical net inflow to $45.01 billion.
Next in line was Fidelity’s FBTC, which saw $36.13 million in net daily inflows, lifting its total to $11.65 billion.
Price Dips, but Bullish Sentiment Remains Strong
Despite the ETF buying spree, Bitcoin’s price dipped slightly to $102,413, down about 1% in the past 24 hours. However, market data indicates that bullish sentiment remains intact.
One key metric supporting this is the positive funding rate in BTC perpetual futures, currently at 0.0025%. A positive rate means traders are paying a premium to stay long, a sign of continued bullish expectations.
Options Traders Bet on Upside
Additionally, options market activity shows that traders are favoring call options over puts. This means more investors are betting on upside potential, rather than hedging against a downturn.
These trends suggest that institutions may be buying the dip, positioning themselves for a potential BTC price rebound in the near future.
