Modest Inflows Resume for U.S. Spot Bitcoin ETFs Amid Challenging Macroeconomic Conditions

Bitcoin ETF inflows resumed on Wednesday, but the amount was modest and mostly due to a single fund. U.S. spot Bitcoin ETFs saw $32.1 million in net inflows, with BlackRock's iShares Bitcoin Trust (IBIT) accounting for $89.8 million of that total.

This figure offset only 6.1% of the outflows from the previous four sessions, which totaled $526.5 million. The most recent session made a modest recovery from earlier losses, but it has not yet shown a permanent change in allocation.

IBIT received all of the total inflows, despite there being less expensive options available. This points to scale and liquidity outweighing fee considerations on Wednesday.