- U.S. spot Bitcoin ETFs have achieved a 10-day consecutive inflow streak, led by Fidelity’s FBTC and BlackRock’s IBIT, as improving macroeconomic conditions boost investor confidence.
- However, analysts remain cautiously optimistic, highlighting ongoing concerns about inflation, trade tensions, and potential market consolidation.
U.S. spot Bitcoin exchange-traded funds (ETFs) have achieved a remarkable milestone by extending their daily inflow streak to 10 consecutive days, reflecting growing optimism in the crypto market. The surge in inflows is driven by improving macroeconomic conditions, coupled with investor confidence in digital assets.
Record Inflows Led by Fidelity and BlackRock
On March 27, U.S. spot Bitcoin ETFs recorded a net inflow of $89.06 million, marking the 10th consecutive day of positive inflows, according to SoSoValue data. Fidelity’s FBTC ETF led the charge, attracting $97.14 million in net inflows, followed by BlackRock’s IBIT ETF, which added $3.97 million. The total daily inflow was slightly offset by net outflows from Invesco’s BTCO ETF and WisdomTree’s BTCW ETF, which saw $6.95 million and $5.09 million in outflows, respectively.
Renewed Optimism as Bitcoin Prices Recover
The resurgence of Bitcoin ETFs comes after a volatile period earlier in the year. On January 17, Bitcoin ETFs experienced their largest daily inflow of 2025, with $1.08 billion. Three days later, Bitcoin’s price surged to an all-time high of $109,000. Since the current streak began on March 17, Bitcoin’s price has risen from $82,780 to $85,123, an increase of nearly 3%.
Macroeconomic Conditions Boost Confidence
Analysts attribute the positive sentiment to improving macroeconomic conditions. Lucas from BTC Markets noted that the Federal Reserve’s transition from quantitative tightening to easing, combined with a more relaxed regulatory stance from the SEC and Ripple’s (XRP) legal victory, has fueled optimism. However, Matrixport analysts caution that Bitcoin may face consolidation in the near term due to ongoing concerns over inflation, tariff escalations, and economic uncertainty.
Cautious Optimism Amid Uncertainty
While the 10-day ETF inflow streak is promising, caution remains. Macroeconomic factors such as inflationary pressures and trade tensions continue to influence investor sentiment. Analysts advise that Bitcoin’s price could remain volatile, underscoring the importance of a long-term perspective for investors.