{"id":51334,"date":"2025-10-11T21:02:40","date_gmt":"2025-10-11T14:02:40","guid":{"rendered":"https:\/\/hbbgroup.net\/spot-bitcoin-etfs-show-major-divergence-in-inflows-whats-happening\/"},"modified":"2025-10-11T21:02:40","modified_gmt":"2025-10-11T14:02:40","slug":"spot-bitcoin-etfs-show-major-divergence-in-inflows-whats-happening","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/spot-bitcoin-etfs-show-major-divergence-in-inflows-whats-happening\/","title":{"rendered":"Spot Bitcoin ETFs Show Major Divergence In Inflows \u2014 What\u2019s Happening?"},"content":{"rendered":"
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The spot Bitcoin ETFs (exchange-traded funds) have been in solid form<\/a> over the past two weeks, laying a foundation for the strong price action experienced by the premier cryptocurrency recently. According to market data, the crypto-linked investment products opened the week with a daily inflow record of over $1.21 billion.<\/span><\/p>\n

As of this writing, with data from Friday\u2019s trading session yet to be included, the US-based Bitcoin ETFs are currently on a nine-day streak of positive inflows. However, a focused look into the inflows trend shows that this data point doesn\u2019t fully tell the story.<\/span><\/p>\n

Do Bitcoin ETFs\u2019 Performance Depend On BlackRock\u2019s IBIT?<\/b><\/h2>\n

In a recent post on the X platform, market analyst CryptoOnchain stated<\/a> that the latest data shows a major divergence in the US-based Bitcoin exchange-traded fund market. According to the on-chain pundit, the capital flow has been mostly positive because of BlackRock\u2019s iShares Bitcoin Trust (IBIT).<\/span><\/p>\n

Breaking down the trend with the Bitcoin ETFs, CryptoOnchain labeled BlackRock\u2019s IBIT as the \u201cmarket\u2019s shock absorber,\u201d mopping up the heavy sell-side liquidity. The largest Bitcoin exchange-traded fund by net assets<\/a> has not posted an outflow day in October, with a $4.21 billion inflow so far.<\/span><\/p>\n

On the other hand, the second-largest BTC ETF Fidelity Wise Origin Bitcoin Fund (FBTC) has had a mixed performance in recent days, signaling a trend of portfolio rebalancing amongst their investors. Meanwhile, Grayscale\u2019s GBTC has struggled with muted capital performances, interspersed with some daily net outflows.<\/span><\/p>\n

\"Bitcoin
Source: CryptoOnchain on X<\/figcaption><\/figure>\n

CryptoOnchain also highlighted the Invesco Galaxy Bitcoin ETF (BTCO), which witnessed a major one-day outflow, which precipitated significant market pressure. However, the net positive activity of BlackRock\u2019s IBIT kept the BTC price afloat at the time.<\/span><\/p>\n

CryptoOnchain noted that any slowdown in capital inflows for the iShares Bitcoin Trust could significantly weaken the bullish momentum of the BTC price. However, it is worth mentioning that the Bitcoin price is currently under intense downward pressure<\/a> due to the looming trade war between the United States and China.<\/span><\/p>\n

As of this writing, Bitcoin is valued at around $112,143, reflecting an over 7% downturn in the past 24 hours.<\/span><\/p>\n

Bitcoin Institutional Demand Remains Steady: Glassnode<\/b><\/h2>\n

Before the market downturn triggered by US President Donald Trump\u2019s tariff rumors and eventual announcement, the Bitcoin price had managed to stay above $120,000. In an earlier October 10 post on X, Glassnode shared<\/a> that the Bitcoin ETFs might have helped keep the premier cryptocurrency afloat.<\/span><\/p>\n

According to the on-chain firm, the exchange-traded funds have continued to record capital inflows despite BTC\u2019s mild pullback from its all-time high. \u201cThis suggests structural buying is still underpinning the market, helping to absorb volatility and stabilize price action,\u201d Glassnode concluded.<\/span><\/p>\n

\"Bitcoin
The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView<\/a><\/figcaption><\/figure>\n

Featured image from iStock, chart from TradingView<\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The spot Bitcoin ETFs (exchange-traded funds) have been in solid form over the past two weeks, laying a foundation for […]<\/p>","protected":false},"author":5,"featured_media":51335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-51334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/51334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=51334"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/51334\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/51335"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=51334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=51334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=51334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}