Bitcoin ETFs end Six-Day Slide with $240mln of Inflows

US spot Bitcoin ETFs snapped a six-day outflow streak with $239.9mln of net inflows on Thursday, after nearly $1.4bn was pulled during the slump.

BlackRock’s IBIT led with $112.4mln added, followed by Fidelity’s FBTC ($61.6mln) and ARKB ($60.4mln). Grayscale’s GBTC was flat on the day.

Ether funds also broke a six-day run of redemptions, posting a modest $12.5mln net inflow after about $837mln in outflows. Newly launched Solana products have amassed $322mln of inflows since 28 Oct, with no net-outflow days.

Market-maker Wintermute said ETFs, alongside stablecoins and corporate digital-asset treasuries, form the three core pillars of crypto liquidity. A Schwab Asset Management survey found 52% of respondents plan to invest in ETFs, with 45% interested in crypto-linked products.

Kursiv Uzbekistan also reports that Bitcoin is trading around $110K, but on-chain indicators suggest the world’s largest cryptocurrency could face a deep correction if its long-tracked four-year cycle plays out again, according to data monitored by market analysts.