The recent inflow streak for US spot Bitcoin ETFs came to an abrupt halt as $342 million exited funds. BlackRock’s IBIT product, which had led the charge with substantial inflows, recorded zero activity for the day. This shift raises concerns among investors about the sustainability of demand for Bitcoin ETFs. The cessation of inflows reflects larger market trends and investor sentiment towards potential volatility. Analysts are watching to see how this trend affects overall ETF performance and Bitcoin prices in the coming days. As the industry adapts, ongoing tracking of market dynamics will be essential.

Image: