U.S. spot Bitcoin exchange-traded funds (ETFs) have extended their daily inflow streak to 10 consecutive days. On March 27, Bitcoin ETFs recorded a net inflow of $89.06 million, led by Fidelity’s FBTC and BlackRock’s IBIT, according to SoSoValue data.
Fidelity and BlackRock Lead ETF Inflows
- Fidelity’s FBTC saw the largest inflow at $97.14 million.
- BlackRock’s IBIT, the biggest spot BTC ETF by net assets, gained $3.97 million.
- Invesco’s BTCO and WisdomTree’s BTCW faced outflows of $6.95 million and $5.09 million, respectively.
- Other ETFs, including GBTC, ARKB, BTC, BITB, HODL, BRRR, EZBC, and DEFI, had zero daily inflows.
Bitcoin’s Price Reacts to ETF Demand
The latest ETF inflow streak began on March 17, pushing Bitcoin’s price from $82,780 to $85,123, marking an almost 3% increase.
This follows a bearish period triggered by concerns over global trade tensions and a possible recession. The last major Bitcoin ETF inflow occurred on Jan. 17, with a record $1.08 billion in net inflows. Shortly after, Bitcoin surged to an all-time high of $109,000 on Jan. 20, the day of President Trump’s inauguration.
What’s Driving Bitcoin ETF Demand?
Analysts point to several factors fueling Bitcoin’s recent ETF inflows:
✅ The Federal Reserve’s shift from quantitative tightening to easing.
✅ Trump’s push for interest rate cuts and looser regulations.
✅ A less aggressive stance from the SEC on crypto.
✅ Ripple’s (XRP) legal victory, boosting investor confidence.
Bitcoin’s Future: Growth or Consolidation?
Despite renewed investor optimism, some experts believe Bitcoin may stay range-bound. Analysts at Matrixport suggest macroeconomic uncertainty, inflation concerns, and tariff escalations could keep Bitcoin in consolidation in the near term.
While the 10-day ETF inflow streak is a positive sign, Bitcoin’s long-term trend remains uncertain as investors weigh market risks.
