- US Bitcoin ETFs saw nearly $300 million in net inflows on Tuesday.
- The inflows snapped a two-week streak of redemptions from the products.
- Fidelity’s FBTC led the way with $165.9 million, followed by Ark’s ARKB.
US-based Bitcoin ETFs have snapped a two-week streak of redemptions, pulling in nearly $300 million in net inflows on Tuesday as investors took advantage of lower prices to rotate back into cryptocurrency-linked products.
The renewed buying interest, which follows a period of significant outflows, suggests that institutional investors are viewing the recent market dip as a buying opportunity, reaffirming their long-term conviction in the asset despite short-term volatility.
A decisive reversal after weeks of outflows
Early data from SoSoValue shows a significant reversal of last week’s trend, which saw over $1.17 billion withdrawn from digital asset investment products.
Fidelity’s FBTC led the charge with $165.9 million in fresh capital, while Ark 21Shares’ ARKB added $102.5 million.
Notably, even Grayscale’s GBTC, which has experienced consistent outflows for months, posted a net inflow of $24.1 million.
This return of capital to US products contrasts with the European market, which has continued to see steady inflows, suggesting a more consistent long-term positioning from investors outside the United States.
Altcoins continue to attract capital
While Bitcoin and Ether products have been subject to macro-driven volatility, certain altcoins have continued to attract steady investment.
According to data from CoinShares, Solana-linked products notched another $118 million in inflows last week, bringing its impressive nine-week total to $2.1 billion.
This pattern indicates that investors are differentiating between core assets sensitive to macro pressures and emerging networks with strong on-chain momentum.
Fundamentals remain strong as supply milestone nears
Despite the recent price turbulence, market experts maintain that Bitcoin’s underlying fundamentals remain robust.
Thomas Perfumo, a global economist at Kraken, highlighted an upcoming supply milestone as a key factor in the long-term investment case.
“In approximately seven days, Bitcoin’s circulating supply will cross 19.95 million coins, 95% of its max supply of 21 million coins,” he wrote in a note provided to CoinDesk.
Perfumo said this event underscores Bitcoin’s programmable scarcity and its enduring role as a “credibly neutral, globally accessible store of value.”
Gold nears record highs amid fiscal warnings
In the broader macroeconomic landscape, gold continued to trade near record highs at $4,134.6 per ounce.
The precious metal’s strength is being fueled by growing concerns over US fiscal stability.
Economist James Thorne has warned that the US has crossed a fiscal “Rubicon” that could trigger a “Bretton Woods 2.0” style reset, potentially revaluing gold to manage soaring debt levels.
The impact of surging bullion prices is already being felt, with major producer Barrick Mining reporting a $1.3 billion quarterly profit and a dividend hike.
