Bitcoin ETF inflows continued to climb on Thursday, marking the fifth day in a row of positive momentum. With more than $440 million added in a single day, total inflows for the week reached $2.68 billion—the highest since December 2024.
BlackRock and ARK Lead the Charge
BlackRock’s iShares Bitcoin Trust (IBIT) led Thursday’s surge, pulling in $327.32 million. This pushed its total cumulative inflows to a massive $40.96 billion.
ARK Invest and 21Shares’ Bitcoin ETF (ARKB) followed with $97.02 million in daily inflows. This brought their combined historical inflows to $3.09 billion, reinforcing investor confidence in institutional crypto products.
Bitcoin Futures Signal Rising Demand
Alongside the ETF inflows, the broader crypto market also showed signs of strength. Bitcoin’s price rose 1% over the last 24 hours, accompanied by a similar 1% rise in BTC futures open interest, which now stands at $65.31 billion.
This parallel uptick suggests that new positions are being opened in support of the price rise—a typical bullish sign. Investors seem more willing to enter the market, indicating growing confidence.
Options Market Turns Bullish
In the options market, the sentiment is also leaning bullish. The current put-to-call ratio is 0.74, meaning more call options (bets on higher prices) are being purchased than puts (bets on lower prices). This signals that traders expect continued upside for BTC.
Funding Rate Shows Caution
However, not all signs point upward. Despite bullish activity in ETFs and options, the Bitcoin funding rate remains negative at -0.0008%. A negative rate suggests short sellers are still active, betting on a potential short-term price dip.
This mixed sentiment reveals a market that’s cautiously optimistic—strong buying activity through ETFs and options, but with a hint of skepticism from futures traders.
