Optimistic sentiment makes a comeback, with the US spot Bitcoin ETF attracting nearly $1 billion in a single day.

According to data from the UK asset management company Farside Investors, last Friday saw a rebound in the funds flowing into US Bitcoin ETFs, with spot funds attracting $908.1 million, the highest single-day inflow since late November last year. According to Farside's data, the inflow of nearly $1 billion marks a reversal of several weeks of outflows, including the $242.3 million outflow last Thursday. The data shows that the rebound in the inflow on Friday pushed the total inflow over three days into positive territory, reaching $665.8 million. After a setback last month, Bitcoin has once again started to rise. Investors are betting that the crypto-friendly Trump administration will relax regulations on digital currencies. Some investors are also inflating the price of Bitcoin because it is increasingly being used as an inflation hedge. The Fed expects inflation to be at 3% by 2025, higher than the 2% target. Data from CoinMarketCap shows that the current price of Bitcoin is around $102,000, up 11% in the past week, but still below the all-time high of $108,268 set in mid-December last year. According to data compiled by etf.com, the 11 US spot Bitcoin ETFs hold 1.1 million Bitcoins, accounting for about 5.5% of the circulating supply of Bitcoin. Farside's data shows that at the beginning of 2025, BlackRock's iShares Bitcoin ETF (IBIT) saw a record high single-day outflow of $332.6 million. Subsequently, the inflow of funds into Bitcoin funds started to rebound, with Fidelity's Fidelity Wise Origin Bitcoin Fund (FBTC) leading with an inflow of $357 million on Friday. The data shows that on the same day, IBIT attracted $253.1 million, while ARK 21Shares Bitcoin ETF (ARKB) and Bitwise Bitcoin ETF (BITB) attracted $222.6 million and $61.1 million respectively. Farside's report states that this recovery has pushed FBTC's year-to-date inflow to $393.2 million, temporarily putting it in the lead. Holdings reports show that the fund currently holds 205,510 Bitcoins. VanEck's Bitcoin ETF (HODL) attracted $5.6 million last Friday, while Grayscale Bitcoin Mini Trust (BTC) attracted $8.7 million. As the one-year anniversary approaches, the total assets under management of US spot Bitcoin ETFs have accumulated to $35.9 billion. BlackRock's IBIT holds over 551,076 Bitcoins, making it the third-largest Bitcoin holder globally.