Bitcoin ETF inflows turn positive this year, overall sentiment improves.

The head of ETF operations at BNY Mellon stated that Bitcoin ETF inflows have turned net inflows this year, returning to positive territory overall. Bloomberg data shows that spot Bitcoin ETF inflows have now turned positive across all timeframes for the first time in several months. While there were previous outflows due to low Bitcoin prices and macroeconomic uncertainties, the scale was relatively limited. As of now, the 12 spot Bitcoin ETFs have seen a net inflow of approximately $335 million in a single day, with a monthly cumulative inflow exceeding $2.1 billion and a year-to-date net inflow of approximately $1.8 billion. BlackRock's IBIT is the largest contributor, with approximately $246 million inflows in the past day and $1.9 billion in monthly inflows; while Grayscale's GBTC continues to record some outflows.