Os ETFs de Bitcoin à vista registraram entradas de US$ 240 milhões após seis dias consecutivos de resgates, sinalizando uma renovação da demanda institucional por BTC.
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Update Nov. 7, 1:53 pm UTC: This article has been updated to add a Twitter post from Bloomberg analyst Eric Balchunas.
United States spot Bitcoin exchange-traded funds (ETFs) recorded a $239.9 million net inflow on Thursday, ending a six-day slump of outflows draining almost $1.4 billion from the market.
to data from Farside Investors, the reversal came after a turbulent week of profit-taking driven by macroeconomic uncertainty, which led to redemptions across the largest institutional Bitcoin () investment vehicles.
The rebound was led by asset manager BlackRock, which added $112.4 million to its iShares Bitcoin Trust (IBIT), followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $61.6 million. The ARK 21Shares Bitcoin ETF (ARKB) reported $60.4 million, while Grayscale’s GBTC, which had experienced consistent outflows since mid-October, showed no change.
In total, the six-day sell-off marked one of the steepest pullbacks since the ETFs started trading in January.
Bloomberg ETF analyst Eric Balchunas in a Friday X post that despite a 20% market drawdown, US Bitcoin ETFs saw less than $1 billion in total outflows, which means 99.5% of assets remain invested.
Balchunas said that even after the correction, ETF investors “hung tough,” highlighting the staying power of long-term holders. He added that the strong retention rate suggests the selling pressure didn’t come from outside investors, but rather “from inside the house.”
How Ether and Solana ETFs performed
Similar to spot Bitcoin ETFs, the exchange-traded products tracking Ether () also saw a six-day outflow streak on a smaller scale.
to SoSoValue, spot ETH ETFs had a six-day sell-off, resulting in about $837 million being withdrawn from the ETH-based crypto investment products. This was finally reversed on Thursday, when spot Ether ETFs saw small gains of $12.51 million.
Spot Solana () ETFs have performed well since their launch on Oct. 28. SoSoValue data that SOL-based products have seen $322 million in inflows since their launch and haven’t had a day of net outflows.
Related:
ETFs are key driver for liquidity in crypto
On Thursday, crypto market maker Wintermute assigned ETFs as one of the three key pillars of liquidity for the crypto sector.
In a blog post, Wintermute said that liquidity behind every crypto cycle, arguing that it has a greater impact than technological developments.
Wintermute said that stablecoins, ETFs and digital asset treasuries were the three major pillars for crypto liquidity, and pointed out that liquidity inflows in all three sectors have reached a plateau.
A recent survey from brokerage giant Schwab Asset Management revealed that 52% of respondents plan to invest in ETFs, while 45% .
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