US spot Bitcoin exchange-traded funds recorded $257.7 million in inflows on Tuesday as Bitcoin rebounded toward $65,000, ending a streak of daily outflows and marking the strongest single-day intake since early February.
The inflows offset Monday’s $203.8 million in redemptions and returned weekly flows to positive territory after five consecutive weeks of net outflows totalling $3.8 billion, although total assets under management have fallen 30.5% this year to $81.3 billion from $117 billion.
Fidelity’s Wise Origin Bitcoin Fund led the session with nearly $83 million in inflows, followed by BlackRock’s iShares Bitcoin Trust with $79 million, while cumulative net flows remained above $54 billion after peaking at more than $62 billion in October 2025.
Bloomberg ETF analyst James Seyffart said institutional investors, including advisers and hedge funds, sold 25,000 BTC in the fourth quarter of 2025, equivalent to roughly $1.6 billion at current prices, though they still hold approximately 311,700 BTC.
Market sentiment remains fragile, with analysts estimating that around 9 million BTC, or 45% of circulating supply, is currently underwater, meaning holders paid more than current market value.
“You can’t jump from 100% to 0% speculation without moving through every stage in between,”
Said Bitwise chief investment officer, Matt Hougan.
Despite recent selling pressure, the scale of institutional holdings relative to Bitcoin’s $1.3 trillion market capitalisation suggests ETF flows continue to play a stabilising role in market structure even amid elevated volatility.
At the time of reporting, Bitcoin price was $68,337.59.