Bitcoin Sees ETF Rebound, But Options Market Remains Wary
After a week of consistent outflows, institutional interest in Bitcoin ETFs is showing signs of revival.
On Monday, U.S. spot Bitcoin ETFs attracted $1.47 million in net inflows—the first positive movement since April 2. Though modest, the shift hints at renewed institutional confidence in regulated Bitcoin exposure.
Last week alone saw $713.3 million in outflows as crypto markets faced pressure, partly due to escalating trade tensions spurred by Donald Trump’s remarks. However, Monday’s inflow suggests sentiment may be slowly improving.
BlackRock’s IBIT led the rebound, pulling in $36.72 million and pushing its total inflows past $39.6 billion. In contrast, Fidelity’s FBTC saw $35.25 million in outflows on the same day.
Meanwhile, Bitcoin’s derivatives market is showing increased activity. Futures open interest climbed 2% to reach $56 billion, typically a sign of growing market engagement. Still, the funding rate has turned negative, indicating traders are leaning bearish and paying to maintain short positions. On the options front, a higher number of puts over calls also reflects cautious sentiment.
Despite the inflows, skepticism remains. Traders appear divided—some eyeing recovery, others bracing for another dip.
Alexander Zdravkov is a market analyst and crypto journalist with interests in economics, broader financial markets and digital assets. His journey into crypto began more than four years ago, driven by a fascination with the rapid evolution of blockchain technology and the transformative potential of decentralized finance. He began analyzing market cycles and identifying emerging trends before they reach the mainstream. He holds a degree in International Relations - a background that helped shape his broader perspective on global economics, geopolitics, and the interconnected nature of modern financial markets. Whether covering the latest developments in the crypto sector or exploring broader macroeconomic themes, Alexander focuses on giving readers context rather than simply repeating headlines. During his career, he has authored more than 10,000 articles covering cryptocurrencies, traditional finance, and global market developments. His work spans everything from Bitcoin and altcoins to macroeconomic trends influencing risk assets worldwide.
