Institutional Investors Return as Bitcoin ETF Inflows Rebound

Bitcoin's recent price stability near $64,000 has sparked renewed optimism among institutional investors. US spot Bitcoin ETFs recorded $32.1 million in net inflows on Wednesday, ending a four-day outflow streak that saw more than $500 million in net withdrawals.

The positive momentum continued on Thursday with another $49.74 million in net inflows, bringing the two-day recovery to over $82 million. This uptick in demand comes despite July being the worst month for Bitcoin ETF inflows since their launch.

Despite significant institutional exits totaling around $2.43 billion in May and $4.52 billion in June, the total volume of Bitcoin inflows to spot ETFs in the US remains over $51 billion, highlighting their continued importance as a long-term source of demand.