Bitcoin Updates: Renewed Institutional Trust Drives Bitcoin ETFs to Achieve Initial Net Inflows

U.S.

ETFs have recently experienced their first net inflow in weeks, as increased interest from institutions and corporate treasuries helped counterbalance previous outflows, hinting at a possible market stabilization. Data from SoSoValue shows that on Nov. 11, Bitcoin spot ETFs saw a total inflow of $1.15 million, closing a week that had previously seen $1.22 billion in redemptions—the third-highest weekly outflow ever recorded, according to . This development comes as Bitcoin (BTC) maintains support above $100,000, with ETF investments and corporate buying offsetting large holders’ profit-taking that resulted in billions in realized gains, as .

The prior week was marked by heavy withdrawals, with all 12 U.S. Bitcoin ETFs seeing a combined $558.44 million outflow on Nov. 7 alone—the second-largest single-day withdrawal since these funds began, as

. Fidelity’s FBTC led the withdrawals with $256.66 million, followed by BlackRock’s at $131.43 million. While total inflows for Bitcoin ETFs remain strong at $59.97 billion, the recent turbulence highlights changing institutional attitudes. BlackRock’s IBIT, which has attracted the most net inflows with $64.32 billion in total assets, experienced a $127 million outflow on Nov. 7, as .

In contrast to Bitcoin, (SOL) spot ETFs have continued their streak of net inflows for nine straight days, adding $12.69 million on Nov. 7. Since gaining traction in late October, these funds now manage $575.93 million in net assets, as . This trend points to rising interest in alternative cryptocurrencies, with Bitwise’s BSOL and Grayscale’s GSOL gaining momentum even as the broader crypto market remains volatile.

Ethereum (ETH) ETFs also saw net outflows, with $46.6245 million leaving on Nov. 7, led by Fidelity’s FETH, which recorded a $72.228 million withdrawal. On the other hand, BlackRock’s ETHA brought in $34.4326 million, marking its largest single-day inflow, as

. Ethereum’s price dropped by 4.47% to $3,235 within 24 hours, though ETF inflows briefly ended a six-day streak of outflows earlier in the week, as .

Bitcoin’s ability to hold above $100,000 has been credited to both corporate treasury acquisitions and ETF inflows. MicroStrategy purchased an additional 487

at $102,557 each, increasing its total holdings to 642,000 BTC worth $65.7 billion, as . JPMorgan’s increased stake in BlackRock’s IBIT, now totaling 5.3 million shares valued at $343 million, demonstrates growing institutional trust in regulated crypto investment products, as .

Experts warn that while the latest inflows may indicate a period of consolidation, ongoing demand is essential for maintaining long-term price stability. “ETF inflows help cushion against large-scale selling, but a decrease could renew downward pressure,” Glassnode analysts commented, suggesting that Bitcoin’s current stability near $100,000 could represent a medium-term support level, as

.