Bitcoin ETFs Rebound with $102M Inflow Led by Blackrock

Bitcoin ETFs bounced back on Thursday after a brief downturn, with $102.67 million in net inflows. Blackrock's IBIT led the recovery with a massive $195.57 million influx of capital, more than enough to offset significant withdrawals elsewhere.

The category has now attracted $2.99 billion over the past 30 days, providing a strong institutional backdrop as Bitcoin's price climbed above $86K. The week flipped back to green for bitcoin ETFs with a $103M inflow.

However, not all assets saw an influx of capital. Ether ETFs continued their decline, recording $55.37 million in net outflows for a third consecutive losing day. Fidelity's FETH shed $23.50 million, while Grayscale's ETHE lost $20.39 million.