Bitcoin ETFs experienced another day of positive flows on Thursday, marking the fifth consecutive day of net inflows. The total inflow for the day surpassed $440 million, contributing to a weekly total of $2.68 billion, the highest since early December 2024.
BlackRock's ETF IBIT led with a daily net inflow of $327.32 million, totaling $40.96 billion in cumulative net inflows. Ark Invest and 21Shares’ ETF ARKB followed with $97.02 million in net inflows, reaching $3.09 billion historically.
Amid a slight market rebound in the past 24 hours, Bitcoin's price rose by 1%, along with an increase in open interest in BTC futures, indicating a rise in investor demand. The uptick in price and open interest signifies growing market participation and confidence in the prevailing trend.
Additionally, bullish sentiment was observed in the options market, with more call volumes than puts, reflected in a put-to-call ratio of 0.74. Despite these positive signs, the BTC funding rate remained negative at -0.0008%, indicating some traders are still anticipating a decline in the short term.