U.S. Spot Bitcoin ETFs Extend 10-Day Inflow Streak Amid Improving Macroeconomic Conditions

Read moreU.S. Spot Bitcoin ETFs Maintain 10-Day Inflow Streak as Market Optimism Grows

The U.S. spot Bitcoin exchange-traded funds (ETFs) have extended their consecutive daily inflow streak to 10 days, led by Fidelity’s FBTC and BlackRock’s IBIT. The continued inflows reflect growing confidence in Bitcoin (BTC) amid shifting macroeconomic conditions and regulatory developments.

ETF Inflow Trends and Market Impact

On March 27, spot Bitcoin ETFs saw a net inflow of $89.06 million, according to SoSoValue data. This marks the longest continuous inflow streak since earlier this year, when Bitcoin ETFs recorded a record $1.08 billion in daily net inflows on January 17.

Fidelity’s FBTC led the inflows, registering $97.14 million, followed by BlackRock’s IBIT, the largest spot BTC ETF by net assets, which saw an inflow of $3.97 million. However, these gains were partially offset by outflows from Invesco’s BTCO ETF (-$6.95M) and WisdomTree’s BTCW ETF (-$5.09M). Other major ETFs, including GBTC, ARKB, BTC, BITB, HODL, BRRR, EZBC, and DEFI, recorded no significant inflows on that day.

Since this inflow streak began on March 17, Bitcoin’s price has risen from $82,780 to $85,123, marking an almost 3% increase. The positive inflow momentum suggests investors are regaining confidence in Bitcoin following a bearish period earlier in the year.

Macroeconomic Factors Driving Bitcoin ETF Demand

Bitcoin ETFs initially peaked in January, with inflows pushing BTC to an all-time high of $109,000 on January 20, coinciding with U.S. President Donald Trump’s inauguration. However, outflows began on February 10, triggered by concerns over regulatory uncertainty and economic downturn risks. The outflows were briefly interrupted before a consistent inflow streak resumed in mid-March.

Several key factors are driving renewed interest in Bitcoin ETFs:

• Federal Reserve’s Policy Shift: The Fed's transition from quantitative tightening to easing has bolstered investor confidence in risk assets like Bitcoin.

• Regulatory Developments: A more relaxed SEC stance on crypto and Ripple’s (XRP) legal victory have further encouraged positive sentiment.

• Political Influence: Trump’s recent calls for interest rate cuts have fueled expectations of a more Bitcoin-friendly economic environment.

• Geopolitical Concerns: Although inflows are strong, tensions over tariff escalations and inflationary pressures still weigh on the broader market outlook.

Analysts’ Outlook: Bitcoin’s Next Move?

Despite the sustained ETF inflows, analysts at Matrixport caution that Bitcoin may remain in a consolidation phase in the near term. Ongoing macroeconomic uncertainty, combined with concerns over inflation and trade tensions, could limit BTC’s short-term upside.

However, with growing institutional interest and favorable monetary policies, the long-term outlook for Bitcoin remains promising. Investors will be closely monitoring ETF inflows and regulatory updates as key indicators of future price movements.