Bitcoin ETFs Witness Historic Rebound with $378 Million Inflow

Grayscale Bitcoin Trust leads the recovery, marking its first net inflow since becoming an ETF in January.

GBTC's $63 million inflow on Friday ends a prolonged 78-day period of net outflows, totaling $17.4 billion.
Overall, the U.S. spot bitcoin ETF sector saw a collective inflow of $378 million, reversing a seven-day outflow streak.
Grayscale is also planning a lower-cost Bitcoin Mini Trust, potentially increasing its competitive edge.
Shares of Grayscale Bitcoin Trust surged 5% in premarket trading following the inflow announcement.
Analysts attribute the turnaround to a mix of market dynamics and investor anticipation of prolonged high interest rates.