US spot Bitcoin ETFs recorded net inflows of $221.7 million on Thursday, their largest single-day intake in roughly two months, reversing a punishing 10-day outflow streak that had drained $2.73 billion. The rebound coincided with Bitcoin's recovery to around $61,700 after the token slid to 21-month lows earlier in the week.
Fidelity's FBTC led with $165.96 million in inflows, followed by the Ark and 21Shares ARKB fund with $91.84 million. BlackRock's IBIT, the world's largest Bitcoin ETF, bucked the trend with a $40.43 million outflow. Year-to-date, US spot Bitcoin ETFs remain in a $5.4 billion net outflow position.