ETF flows are back in the green and not a moment too soon. After weeks of relentless outflows, Bitcoin ETFs just pulled in a cool $91.5 million net inflow. iShares ($41.9M) and Bitwise ($26.4M) are doing the heavy lifting, while ARK 21Shares somehow managed to lose money during an inflow rally (–$5.4M, because of course they did).
You love to see it just when the doomers were writing obituaries for the ETF trade, capital comes sneaking back in. Maybe institutions finally realized Bitcoin wasn’t actually going to zero? Or maybe they just got tired of watching retail buy the dip without them. Either way, the reversal’s here