After seven straight days of outflows, institutional investors seem to have rekindled their love for Bitcoin ETFs. Since April 2, US-listed spot Bitcoin ETFs have posted net inflows for the first time, drawing $1.47 million in fresh capital on Monday.
While this figure is modest, it marks a notable shift in sentiment and the first sign of renewed institutional appetite for Bitcoin exposure through regulated funds.
Bitcoin ETFs End 7-Day Drought With Modest Inflows
Last week, Bitcoin investment funds recorded $713.30 million in net outflows as the broader cryptocurrency market struggled to stay afloat amid the growing impact of Donald Trump’s escalating trade war rhetoric.
But the tide may be starting to turn.
On Monday, U.S.-listed spot BTC ETFs recorded $1.47 million in net inflows, marking the first capital flow into these funds since April 2. While the amount is modest, it breaks a nearly two-week drought and could signal a gradual shift in institutional sentiment toward BTC.
The largest daily net inflow came from BlackRock’s IBIT, attracting $36.72 million. This brings its total cumulative net inflows to $39.60 billion.
On the other hand, Fidelity’s FBTC recorded the largest net outflow on Monday, shedding $35.25 million in a single day.
BTC Derivatives Market Heats Up Despite Cautious Options Flow
On the derivatives side, BTC’s futures open interest has edged higher over the past 24 hours, signaling increased derivatives activity.
At press time, this sits at $56 billion, rising by 2% in the past day. Notably, during the same period, BTC’s period has climbed by 1.22%.
BTC’s futures open interest refers to the total number of outstanding futures contracts that have yet to be settled. When it rises during a price uptick like this, it suggests that new money is entering the market to support the upward move, potentially reinforcing bullish momentum.
However, there’s a catch. While open interest in BTC futures has increased, the nature of these new positions appears to be bearish. This is evident in the coin’s funding rate, which has now flipped negative for the first time since April 2.
This means that more BTC traders are paying to hold short positions than longs, suggesting that a growing number of market participants are betting on a potential pullback despite the modest inflows into spot ETFs.
Moreover, the mood remains cautious on the options side. Today, there are more put contracts than calls, signaling that some traders may be hedging their bets or anticipating further downside, even as other indicators turn bullish.
Still, for BTC ETFs, any inflow after two weeks of silence feels like a win. With the broader market sentiment toward the coin turning increasingly bullish, it remains to be seen if this trend could persist for the remainder of the week.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
