Spot Bitcoin ETF Inflows Stall Amid U.S. Shutdown Optimism
Bitcoin ETF inflows have stalled at just $1.2 million despite growing optimism over an imminent end to the U.S. government shutdown. Data from Farside Investors show flat spot Bitcoin ETF inflows, while the S&P 500 and gold rebounded after Senate funding approval.
BlackRock remains the only issuer with positive year-to-date ETF inflows of $28.1 billion. Peers saw outflows, Ethereum ETFs held steady, and Solana ETFs logged $6.8 million in inflows for a tenth consecutive day.
Analysts describe the slowdown as a mid-cycle consolidation rather than a bear-market reversal. With 72% of Bitcoin supply still profitable at $100,000, traders should track Bitcoin ETF inflows and broader risk-asset demand for signals of a sustained market recovery.
Neutral
Short-term, the stagnation in Bitcoin ETF inflows amid broader market rebounds and U.S. shutdown optimism may cap upward momentum, suggesting a neutral near-term outlook. The mid-cycle consolidation narrative and profit retention among 72% of Bitcoin supply indicate limited immediate volatility.
Long-term, sustained ETF demand—especially from institutional players like BlackRock—and renewed risk-asset appetite could underpin a future rally. Traders should watch inflows and macro factors for signs of a shift toward a bullish trajectory.