US-listed spot Bitcoin exchange-traded funds have recorded net inflows for seven consecutive trading days, reflecting renewed institutional interest as Bitcoin briefly climbed above $79,300 before retreating to around $77,800. According to data from Farside Investors, Wednesday saw net inflows of $336 million into Bitcoin ETFs, extending a streak that has brought in approximately $1.9 billion since mid-April.
BlackRock's iShares Bitcoin Trust (IBIT) led the latest inflow period, attracting about $1.4 billion during the seven sessions — representing more than 73% of total net inflows. IBIT now holds roughly 809,870 Bitcoin, giving it about 62% of total assets held by US-listed spot Bitcoin ETFs. This underscores BlackRock's dominant position in the current ETF cycle.
Other funds also posted significant inflows: Fidelity's FBTC added $56.7 million, Bitwise's BITB saw $15.4 million, and Ark Invest's ARKB recorded $11.9 million. Morgan Stanley's MSBT, launched on April 8, attracted $11.3 million on Wednesday and $95 million over the full period, reaching about $163 million since its debut without a single day of outflows.
In contrast, Grayscale's GBTC continued to see redemptions, with $100 million in outflows over the seven days and $16.6 million on Wednesday alone. This trend suggests some investors are rotating out of older products into newer, more cost-efficient vehicles.
Ethereum ETFs also extended their inflow streak to ten consecutive days, adding $96.4 million on Wednesday. BlackRock's ETHA led with $53.6 million, followed by Fidelity's FETH at $40.6 million. The total inflow over the ten-day period reached $633.6 million. Meanwhile, XRP spot ETFs saw modest inflows of $2.4 million, while Solana spot ETFs recorded zero flows.
The improving sentiment is reflected in the Crypto Fear & Greed Index, which rose to 46 — its highest since late January — though still in "fear" territory. Bitcoin remains down about 11% year-to-date despite the recent rebound and sustained ETF demand.