United States spot Bitcoin exchange-traded funds (ETFs) experienced a significant turnaround, recording $240 million in net inflows on Thursday. This marked the end of a six-day slump that saw nearly $1.4 billion drained from the market. The surge was driven by asset manager BlackRock’s addition to its iShares Bitcoin Trust (IBIT), followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC). Other notable contributors included ARK 21Shares Bitcoin ETF (ARKB) and Grayscale’s GBTC. Notably, this reversal came after a turbulent week characterized by profit-taking triggered by macroeconomic uncertainty and consequent redemptions within the largest institutional Bitcoin investment vehicles. The six-day sell-off represented one of the steepest pullbacks since Bitcoin ETFs began trading in January.