Bitcoin ETFs Attract $442MBut Is the Markets Optimism Justified?

US spot Bitcoin ETFs saw $442 million in net inflows on Thursday.
BlackRocks IBIT led the inflows with $327.3 million in investor contributions.
ARK and 21Shares ARKB attracted $97 million in net inflows from investors.

U.S. spot Bitcoin ETFs registered $442 million in net inflows on Thursday, marking five consecutive days of investor interest. New capital was poured into U.S. spot Bitcoin ETFs after two days of high trading volumes, while the overall ETF trading volume decreased. Despite reduced trading activity, the positive momentum in Bitcoin ETFs continued, signaling steady investor confidence.

Bitcoin ETFs Maintain Positive Streak as Market Volatility Lingers

BlackRocks IBIT led the inflow tally with $327.3 million, maintaining its dominance among all Bitcoin ETFs. The funds managed by ARK and 21Shares, named ARKB, received $97 million as investors maintained steady interest in the products. The Bitcoin ETFs from Bitwise (BITB) combined with Invescos (BTCO) managed to attract $17.7 million in total investments during this period.

Source: SoSoValue data

During this period, investment funds recorded their fifth consecutive day of net inflows despite ongoing economic trade conflicts, which introduced market instability. Bitcoin ETFs outperformed expectations as investors appeared to favor crypto over traditional hedges. Market demand remained stable because investors supported Bitcoin ETFs despite external macroeconomic difficulties.

Although total trading volume across the 12 Bitcoin ETFs dropped to $2 billion on Thursday from $4 billion a day earlier, investor flows remained strong. The market data confirms that traders continue to hold Bitcoin rather than sell it, which indicates increasing confidence. Market observers see this as a sign of strengthening support levels for Bitcoin ETFs.

Bitcoin Price Climbs as Open Interest and Demand Rise

The cryptocurrency market experienced a 1.3% increase in Bitcoin value to $93,687 over the last day. The increase in Bitcoin futures open interest reached $65.31 billion, representing a 1% rise. The market shows increased engagement as investors become more confident about participating.

New market positions backing price increases have contributed to rising open interest and climbing market value. Following this type of development, the market tends toward bullish sentiment. Market analysts link the positive market trends to rising sentiment combined with modest capital entry.

BTC Futures Open Interest. Source: Coinglass

Moreover, Bitcoin ETFs have seen enhanced participation from institutional players, further reinforcing their stability. Several investors use SEC-compliant Bitcoin Exchange-Traded Funds to enter the digital currency market. Expert analysts remain focused on the spot and derivatives markets to validate any ongoing potential price appreciation.

Options and Funding Metrics Indicate Mixed Sentiment in Bitcoin

A bullish market sentiment emerged from options trading because calls surpassed puts to reach a 0.74 Put-to-Call ratio. When calls dominate, traders expect the asset to rise, reinforcing the current upward trend in Bitcoin ETFs. The observed behavior evidences an increasing demand for spot ETF products.

Bitcoin futures funding rates showed a mild negative value of -0.0008%, displaying some degree of investor nervousness. Trade positions with negative funding rates demonstrate more investors taking short-side bets because they expect the market to retreat. This distinction reveals an upcoming interruption in existing market acceleration.

BTC Funding Rate:Source: Coinglass

Despite that, the steady rise in spot Bitcoin ETF inflows reflects resilience and investor preference for long-term exposure. Spot investors purchase new positions regardless of the activity in derivatives markets. Market opinions in spot and futures segments reveal distinct viewpoints about crypto assets.

Text source: TronWeekly

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