- U.S. spot Bitcoin ETFs reported $76.4 million in inflows on Tuesday, signaling a recovery after a $878 million outflow streak.
- BlackRock’s IBIT led inflows with $38.2 million, accounting for over 50% of the day’s total, followed by ARKB and BITB.
- Grayscale’s GBTC continued to face redemptions, with $8.9 million in outflows on Tesday, highlighting ongoing investor preference for low-fee ETFs.
U.S. spot Bitcoin ETFs recorded $76.4 million in net inflows on Tuesday, marking a continued rebound following last week’s $878 million outflow streak. The renewed momentum signals a measured return of investor interest across the digital asset space.
BlackRock’s IBIT Leads with Strong Daily Inflows
According to data shared on April 16, BlackRock’s IBIT took the lead with $38.2 million in inflows. The fund, known for its strong liquidity and institutional appeal, once again reinforced its leading position among U.S. spot Bitcoin ETFs.
ARK Invest’s ARKB followed with $13.4 million in inflows, while Bitwise’s BITB added $11 million. Together, these three products accounted for over 80% of Tuesday’s total inflows, indicating concentrated investor confidence in a few low-fee, high-liquidity ETFs.
The day’s performance comes after a stretch of outflows that pressured several major ETFs earlier this month. Between April 1 and April 10, products like Fidelity’s FBTC and BlackRock’s IBIT saw persistent redemptions. The return to positive flows signals a pause in that trend.
Consecutive Days of Recovery Amid Lower Volumes
Tuesday’s inflow marked the second consecutive day of positive momentum. On Monday, the U.S. spot Bitcoin ETFs logged a modest $1.5 million in net inflows. Together, the two-day recovery follows a seven-day streak that saw $878 million exit from the sector.
Total trading volume across the 12 U.S. spot Bitcoin ETFs reached $1.6 billion on Tuesday. This figure is lower compared to $2.2 billion on Monday and $3.5 billion last Friday. Despite lower volume, the net positive inflows suggest renewed optimism following the recent downturn.
Grayscale’s GBTC continued to see redemptions, with $8.9 million in outflows on Tuesday. Its year-to-date redemptions now total $22.78 billion. Analysts have frequently linked this trend to its higher fee structure of 1.50%, compared to newer entrants with lower management costs.
Shift in Market Sentiment Evident in ETF Flows
The turnaround in ETF flows comes during a broader reassessment in investor risk appetite. The movement back into spot Bitcoin ETFs could reflect growing confidence following last week’s volatility.
While total volumes remain below Friday’s levels, the return of net inflows provides a signal that traders are gradually re-entering the market. The continued preference for cost-efficient ETFs like IBIT, ARKB, and BITB underscores where current demand is building.
