Catenaa, Wednesday, April 02, 2025- US spot Bitcoin ETFs ended a 10-day inflow streak Friday, with Fidelity’s FBTC losing $93 million, as Bitcoin nears its worst Q1 close since 2018.
Earlier last week the US spot Bitcoin exchange-traded funds recorded their longest inflow streak of the year, surpassing $1 billion.
The ETFs had added over $1 billion during the streak, but institutional demand remains measured, according to analysts. Bitcoin is down 11.67% this quarter, though it remains above 2020’s 10.83% Q1 decline.
Meanwhile, U.S.-based spot Ethereum ETFs recorded a rare net inflow day, led by Grayscale’s ETHE, which gained $4.68 million after 17 days of outflows.
