# Spot Bitcoin ETFs Saw Largest Net Inflow in 3.5 Months: $517 Million > Spot Bitcoin ETFs in the US saw $517.19 million in net inflows on Wednesday, marking their strongest daily performance since May 4 and signaling a resurgence in institutional demand. According… **Spot Bitcoin ETFs in the US saw $517.19 million in net inflows on Wednesday, marking their strongest daily performance since May 4 and signaling a resurgence in institutional demand.** According to SoSoValue data, **8 out of the 12 spot Bitcoin ETFs** trading in the US recorded net inflows. This trend indicates that investors are returning to Bitcoin-based exchange-traded products alongside the recovery in the cryptocurrency market. BlackRock’s IBIT fund was the clear leader in daily inflows with **$284.7 million**. Ark & 21Shares’ ARKB fund received **$77.7 million**, while Fidelity’s FBTC fund saw **$62.4 million** in net inflows. ### Institutional demand for spot Bitcoin ETFs strengthening again Analysts noted that the flows were not merely driven by short-term excitement from retail investors. BTSE COO Jeff Mei stated that the US Treasury Department’s announcement of expanding buyback operations for long-term bonds might have supported risk appetite by easing pressure on the dollar and bond yields. BTC Markets analyst Rachael Lucas noted that the data is significant regarding **institutional positioning**. Lucas stated that after the heavy outflows in May and June, an inflow of this magnitude indicates that large investors are viewing current levels as an opportunity to buy or increase their positions. However, analysts emphasized that inflows at this level are not guaranteed to be permanent. The continuation of these flows will depend on next week’s **US inflation data (CPI)** and whether the Treasury maintains its buyback policy. Compared to the **net outflow of -102,000 BTC** throughout the year, Wednesday’s data revealed that institutional demand has regained strength in the short term.