US Spot Bitcoin ETFs See Two Consecutive $1B+ Inflow Days for First Time

Only Seven Days of $1 Billion+ Inflows Recorded Since ETF Launch

Nate Geraci, president of NovaDius Wealth Management, noted in an X post that since the launch of these ETFs, there have been only seven days with inflows exceeding $1 billion.

Notably, two of those occurred in the last two days. The previous high was $1.07 billion on January 17, 2024.

second-largest daily figure since inception, surpassed only by the $1.37 billion inflow on November 7, 2024, the day of Donald Trump’s US presidential election victory.

Matt Hougan, Bitwise Invest’s chief investment officer, highlighted that while the Bitcoin network produced roughly 450 BTC on Thursday, spot Bitcoin ETFs bought about 10,000 BTC.

Similarly, blockchain analytics firm Jan3 noted that on Wednesday, Bitcoin ETF demand was 22 times greater than the daily mined supply.

However, Jan3 CEO Samson Mow cautioned that such demand is unlikely to be sustainable at current price levels.