BTC ETFs See $386 Million Inflows as Investor Confidence Returns

On Monday, BTC spot ETFs recorded net inflows of $386.27 million. This capital inflow marked a significant shift in market sentiment following last week’s decline.

Total Bitcoin Spot ETF Net Inflow.Total Bitcoin Spot ETF Net Inflow. Source: SosoValue

These inflows reversed the previous week’s trend of net outflows, as BTC’s lackluster performance and waning investor confidence had dragged down demand. The surge followed BTC’s breakout above the $105,000 resistance level, with the asset closing at $110,263 during yesterday’s trading session.

As a result, renewed optimism spread across the market, driving heightened activity in ETF trading as well. On Monday, Fidelity’s CBOE-listed FBTC fund led the charge, posting the largest single-day net inflow among all US BTC ETF issuers.

BTC Futures and Options Flash Bullish as Price Holds Above $109,000

BTC trades at $110,227 at press time, up 4% over the past day. The coin’s funding rate has flipped back into positive territory on the derivatives front, signaling a shift toward bullish market positioning. It currently stands at 0.0017%.

BTC Funding Rate.BTC Funding Rate. Source: Coinglass

The funding rate is a periodic payment exchanged between traders in perpetual futures contracts to keep prices aligned with the spot market.

When its value is positive, it indicates bullish sentiment and a higher demand for longs. It means that traders holding long BTC positions pay those holding short positions, a trend that could drive the coin’s value upward in the near term.

Furthermore, traders are buying BTC call options today, signaling growing bullish sentiment on the asset’s future price.