The U.S. spot Bitcoin ETFs have generally rebounded in the past week alongside the price rebound of Bitcoin. According to SoSoValue data, these 12 funds recorded a weekly net inflow of $245 million, the third smallest total so far, but an improvement compared to last week's net outflow of $388 million.

However, the largest of such funds by net asset value, BlackRock's IBIT, experienced weekly net outflows for the second consecutive week, despite both trading weeks being only four days long due to holidays. This is the first time that the largest spot Bitcoin ETF in the market has experienced such consecutive declines; its $54.3 billion net asset value (NAV) still far exceeds that of its largest competitors, Fidelity's FBTC and Grayscale's GBTC, both of which have NAVs of around $20 billion.