US spot bitcoin exchange-traded funds recorded $222 million in net inflows on Thursday, halting a 10-day stretch of consecutive withdrawals that had weighed on the sector. The turnaround suggests renewed investor appetite following an extended period of capital flight from the funds. Notably, BlackRock's IBIT—typically the market leader among spot bitcoin ETFs—bucked the broader trend, posting $40.4 million in net outflows and extending its own negative streak. This divergence indicates that inflows were driven by competing funds rather than the dominant player. The break in the negative streak marks a potential shift in sentiment for the ETF category, which has experienced volatile flows amid broader market uncertainty. Sustained inflows in the coming sessions would help confirm whether Thursday's reversal represents a lasting change or a temporary respite from the recent outflow pressure that gripped the products.
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