Bitcoin ETFs See Positive Flows After Six Days of Outflows, Driven by $240 Million Inflow

Recent data reveals a positive turning point for U.S. spot bitcoin ETFs. After six consecutive days of outflows, they saw $240 million in inflows on Thursday, marking their first positive inflow since October 28th, according to Farside data. This shift could signal cautious re-entry from institutional investors following a significant sell-off that pushed Bitcoin below the $100,000 mark. Despite this welcome turn, market sentiment remains impacted by ongoing government shutdown concerns, which have been eroding liquidity and risk appetite across crypto and equities. As of today, Bitcoin is down 11% since October 1st, while the Nasdaq and gold have witnessed a slight positive trend, gaining 2% and 4%, respectively.