Fidelity and ARK Bitcoin ETFs Post $268M Inflows, Signaling Institutional Rebound

Fidelity and ARK Invest’s Bitcoin ETFs posted strong inflows on November 12, signaling renewed investor interest after several days of outflows across U.S. spot Bitcoin exchange-traded funds (ETFs).According to BlockBeats, citing data from Farside Investors, Fidelity’s FBTC recorded $165.9 million in net inflows, while ARK’s ARKB saw $102.5 million, bringing their combined total to $268.4 million for the day.Data for BlackRock’s IBIT, the largest spot Bitcoin ETF by assets, had not yet been released at the time of reporting.Rebound in Bitcoin ETF DemandThe inflows mark a sharp reversal from the recent trend of consecutive outflows that began in late October amid heightened market volatility and macroeconomic uncertainty.Analysts note that this rebound in institutional demand coincides with signs of stabilization in the broader crypto market, as Bitcoin (BTC) continues to trade near $103,000 following the U.S. Senate’s passage of a temporary funding bill to avert a government shutdown.Market OutlookETF flows are often viewed as a key indicator of institutional sentiment. The renewed inflows into Fidelity and ARK’s products suggest growing confidence among professional investors that the recent correction may be stabilizing.Further data from BlackRock’s IBIT is expected to clarify whether this marks a broader turnaround in ETF demand heading into mid-November.