The U.S. spot Bitcoin ETF market has entered a bullish phase, extending its daily inflow streak to 10 consecutive days as macroeconomic sentiment shows signs of improvement. According to SoSoValue data, the combined net inflow on March 27 reached $89.06 million, signaling renewed investor interest after weeks of cautious trading.
Fidelity and BlackRock Lead the Charge
Leading the inflows was Fidelity’s FBTC, which recorded a net inflow of $97.14 million, followed by BlackRock’s iShares Bitcoin Trust (IBIT) with $3.97 million. These two ETFs have consistently ranked among the top-performing spot Bitcoin products since their debut, with IBIT holding the largest net assets in the category.
Despite the overall positive trend, a few funds experienced outflows. Invesco’s BTCO and WisdomTree’s BTCW posted $6.95 million and $5.09 million in outflows, respectively. Meanwhile, ETFs such as GBTC, ARKB, BITB, HODL, BRRR, EZBC, and DEFI remained flat for the day with no reported inflows.
ETF Momentum Returns After Outflow Lull
This 10-day streak marks a significant turnaround for Bitcoin ETFs, which faced a period of outflows from February 10 through early March. The current run of inflows began on March 17, following signs of easing economic pressure and more dovish expectations from the U.S. Federal Reserve.
Since the streak began, Bitcoin’s price has climbed nearly 3%, rising from $82,780 to $85,123 at the time of reporting.
Earlier in the year, spot Bitcoin ETFs hit their largest single-day net inflow of $1.08 billion on January 17, just days before President Donald Trump’s inauguration, which sent BTC to a record high of $109,000 on January 20.
Market Sentiment Tied to Policy Shifts
Analysts suggest the current inflow momentum reflects growing optimism around macroeconomic conditions and regulatory clarity. Key factors include expectations of rate cuts, Trump’s calls for looser monetary policy, and a generally softened stance from the SEC, especially after Ripple’s legal win.
“These ETF flows signal increasing investor confidence that macroeconomic headwinds are stabilizing,” said Lucas, an analyst at BTC Markets.
However, caution remains. According to analysts at Matrixport, Bitcoin may remain in a consolidation phase until a stronger catalyst emerges. They also highlighted ongoing concerns over tariff escalations, persistent inflation, and a possible economic slowdown, all of which could affect investor behavior in the coming months.
