U.S. spot Bitcoin ETFs posted mixed flows on Tuesday, but BlackRock’s iShares Bitcoin Trust (IBIT) more than offset redemptions at other funds, leaving the group with net inflows of $225.2 million, according to SoSoValue.
The advance was largely powered by $322.4 million of inflows into IBIT, which outweighed withdrawals from Fidelity’s Wise Origin Bitcoin Fund (FBTC) of $89.3 million and Grayscale’s Bitcoin Trust ETF (GBTC) of $28.2 million, per Farside data.
Those moves bring this week’s cumulative inflows to $683.3 million, following last week’s $787.3 million — the first weekly net inflow after five consecutive weeks of outflows that together totaled nearly $4 billion.
Market sentiment remained cautious even as Bitcoin climbed about 5.4% over the past seven days. CoinGecko’s indicators continued to register elevated anxiety among investors, and the Crypto Fear & Greed Index slipped to 10 on Wednesday after a brief rise to 14, reflecting risk-off positioning amid geopolitical tensions in the Middle East.
Other digital asset funds showed mixed results. Ether products saw $10.8 million of outflows, while XRP and Solana funds attracted $7.5 million and roughly $1 million, respectively.
Public debate over Bitcoin’s long-term prospects resurfaced this week after investor Ray Dalio criticized the asset on the All-In Podcast, pointing to limited privacy, potential future threats from quantum computing and its relatively small size compared with gold. “I think Bitcoin has received a lot of attention, but as a form of money, it’s small compared with gold. There is only one gold,” he said.
Supporters pushed back. Bitwise CIO Matt Hougan replied on X, arguing that those very criticisms help explain why Bitcoin remains only a fraction of gold’s market size. Hougan suggested that absent those concerns, Bitcoin’s price could be far higher and said he invests believing many of the issues will evolve over time.
This coverage aims to present the latest market flows and commentary around spot Bitcoin ETFs. The article was produced in line with standard editorial practices and encourages readers to verify figures and statements independently.