Core Insights - Spot Bitcoin ETFs experienced a return to net inflows, attracting $355 million after a week of losses, indicating a potential recovery in market sentiment [1][2] - The inflow ended a seven-day outflow streak that saw $1.12 billion withdrawn from these funds, reflecting a shift in investor behavior amid low trading volumes and weak prices [2][3] Inflows and Performance - BlackRock's iShares Bitcoin Trust led the inflow with $143.75 million, followed by Ark 21Shares Bitcoin ETF with $109.56 million, and Fidelity's Wise Origin Bitcoin Fund with $78.59 million [3] - December has been challenging overall, with total outflows for the month reaching $744 million, as traders reduced exposure during the year-end slowdown [4] Market Liquidity and Sentiment - The shift in Spot Bitcoin ETFs flow is linked to improvements in global liquidity, with indications that dollar liquidity reached its lowest point in November and has been improving since [5] - The Federal Reserve is set to inject over $8 billion into markets through upcoming US Treasury bill purchases, which may further support market sentiment [6] Broader Market Trends - Spot Ethereum ETFs also saw a reversal, ending a four-day outflow streak with $67.8 million in net inflows after earlier losses exceeding $196 million [6] - Spot XRP ETFs continued to show strong demand, extending their inflow streak to 30 days with an additional $15 million added [7]

Core Insights - U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a significant reversal on December 30, with net inflows of $355 million, ending a week of capital withdrawals [1] - The rebound was primarily driven by BlackRock's iShares Bitcoin Trust, which attracted $143.75 million in new capital [2] - Despite the late recovery, December saw a net monthly outflow of approximately $744 million, extending losses from November [4] Group 1: Inflows and Outflows - The strong inflow on December 30 marked the highest daily inflow since mid-December, following a period of consistent outflows totaling about $1.12 billion over seven trading days [1][3] - The most significant outflow during this period occurred on December 26, with $275.9 million withdrawn, marking the most aggressive selling session [3] - Cumulative net inflows across U.S. spot Bitcoin ETFs remain at $56.96 billion, with total net assets reaching $114.44 billion as of December 30, representing about 6.52% of Bitcoin's total market capitalization [5] Group 2: Trading Activity - Trading activity increased alongside the inflow recovery, with total value traded across Bitcoin ETFs reaching $3.57 billion for the day [6] - BlackRock's iShares Bitcoin Trust continues to dominate the market, with cumulative net inflows of $62.19 billion and nearly $68 billion in assets under management, equivalent to roughly 3.9% of Bitcoin's circulating supply [6] - Other significant contributors included ARK Invest and 21Shares' ARKB with $109.56 million and Fidelity's Wise Origin Bitcoin Fund with $78.59 million [2]