Asia Morning Briefing: Bitcoin ETFs See $300M Inflows as Traders Pounce on Market Dip

Bitcoin ETFs See $300M Inflows as U.S. Funds Snap Two-Week Outflow Streak

After two consecutive weeks of redemptions, U.S.-listed spot Bitcoin ETFs turned positive on Tuesday, led by strong inflows into funds managed by Fidelity and Ark Invest — signaling renewed confidence among institutional investors even as global flows remain uneven.

According to preliminary data from SoSoValue, Bitcoin ETFs recorded $299.8 million in net inflows by the end of the U.S. trading session. Fidelity’s Wise Origin Bitcoin Fund (FBTC) attracted $165.9 million, followed by Ark 21Shares Bitcoin ETF (ARKB) with $102.5 million. Grayscale’s GBTC added $24.1 million, while several smaller issuers had yet to report at press time.

The turnaround contrasts sharply with last week’s CoinShares report, which logged $1.17 billion in total outflows from digital asset investment products. U.S. spot Bitcoin ETFs accounted for $932 million of those redemptions, with Ethereum-linked funds losing $438 million over the same period.

In contrast, European funds continued to attract capital, drawing $41 million in Germany and $50 million in Switzerland — suggesting more stable long-term positioning outside the U.S. market.

Altcoins also showed resilience. Solana (SOL) posted another $118 million of weekly inflows, bringing its nine-week total to $2.1 billion. HBAR and Hyperliquid saw smaller but consistent capital inflows, highlighting selective investor rotation into high-momentum Layer 1 and DeFi assets.

“The pattern shows a clear differentiation,” said analysts at CoinShares. “Institutional investors are trimming exposure to macro-sensitive assets like BTC and ETH, while maintaining positions in emerging networks with strong on-chain activity.”

Macro and Market Context

Kraken’s Global Economist Thomas Perfumo said Bitcoin’s fundamentals remain sound despite short-term volatility and ETF-driven fluctuations.

“In about seven days, Bitcoin’s circulating supply will cross 19.95 million coins, representing 95% of its fixed 21 million cap,” Perfumo noted in a report to CoinDesk. “That milestone underscores Bitcoin’s role as a credibly scarce, globally neutral store of value.”

Perfumo added that while short-term prices continue to react to shifts in U.S. liquidity and rate expectations, the structural case for Bitcoin remains intact: “Institutional flows reflect that — they’re buying dips, cutting riskier exposure, and treating Bitcoin as a long-term portfolio anchor rather than a speculative asset.”

Market Snapshot

BTC: Up 1.4% to around $103,000, recovering part of last week’s decline as ETF inflows boosted sentiment.
ETH: Gained 2.1% to $3,424, outperforming Bitcoin as traders rotated back into major assets following two weeks of outflows.
Gold: Traded near $4,134.6, just shy of record highs. Economist James Thorne warned that the U.S. has “crossed a fiscal Rubicon,” predicting a possible “Bretton Woods 2.0” reset that could revalue gold to manage mounting debt levels. Meanwhile, Barrick Gold reported $1.3 billion in quarterly profits and announced a dividend hike — underscoring how surging bullion prices are reshaping the global financial landscape.