U.S. Bitcoin exchange-traded funds (ETFs) have marked their tenth consecutive day of net inflows

This extended trend signals persistent institutional interest in Bitcoin despite a broader market slowdown.

U.S. spot bitcoin exchange-traded funds (ETFs) have registered ten consecutive days of net inflows, marking the longest positive streak since December 2024, new data from SoSoValue showed.

This extended trend highlights persistent institutional interest in bitcoin despite a broader market slowdown.

Bitcoin ETFs continued to see strong demand, with net inflows totaling $89 million on Thursday. Key funds showed varied performance, according to the data. Fidelity’s FBTC saw the largest addition of $97.14 million, while BlackRock’s IBIT had nearly $4 million in new inflows. Conversely, Invesco’s BTCO and WisdomTree’s BTCW experienced outflows of $7 million and $5 million, respectively.

In total, spot bitcoin ETFs have clocked in $1.06 billion in net inflows over the past 10 trading days. However, this figure is relatively modest compared to the surge seen in mid-January.

“While institutional investors are not taking on significant risk, the demand for bitcoin remains consistent, albeit at a slower pace,” said Min Jung, an analyst at Presto Research.

The broader market has been affected by recent volatility, particularly after the announcement of new tariffs by the U.S. President Donald Trump.

While investor confidence is showing signs of recovery, the uncertainty surrounding trade policies continues to affect market sentiment.

A noticeable trend has emerged in ETF flows, with bitcoin ETFs consistently receiving positive inflows, while spot ethereum ETFs have struggled, showing nearly daily net outflows since February 20.

“This stark contrast highlights stronger institutional confidence in bitcoin over ethereum at the moment,” Jung added.