US Spot Bitcoin ETFs See $683 Million Net Inflow in a Week, IBIT Drives the Surge

On Tuesday, the US spot Bitcoin ETFs presented a mixed picture of inflows and outflows, with BlackRock's iShares Bitcoin Trust (IBIT) emerging as a key supporting force, effectively offsetting redemption pressures from other products. According to the latest data, cumulative net inflows for the week reached $683 million, continuing the strong momentum from the previous week's $787 million. This marks a return of investor confidence after a combined net outflow of nearly $4 billion over five consecutive weeks.

Meanwhile, Ethereum-related ETFs experienced outflows, reflecting a more cautious sentiment towards crypto assets overall amid heightened geopolitical uncertainty. Market volatility triggered by the situation in the Middle East has led some institutions to reduce their exposure to risk assets and shift towards more stable allocations.

Despite some traditional investors still questioning Bitcoin's monetary properties, arguing that its scale is far smaller than gold, stating "Gold is unique, while Bitcoin lacks consensus," the mainstream industry view continues to uphold its long-term value. Bitwise Chief Investment Officer Matt Hougan responded on social platform X, saying, "Some see criticism, I see opportunity." He emphasized that the current market correction is precisely a window of opportunity to deploy capital into high-quality digital assets, rather than a signal to exit.