BNY Mellon: Bitcoin spot ETFs see annual net inflow amid 'buy and hold' trend

The annual flow of funds for Bitcoin spot ETFs has shifted to a net inflow, Ben Slavin, Head of Global ETFs at BNY Mellon, said in an interview with The Block. He noted that the total daily inflow for the 12 Bitcoin spot ETFs exceeded $335 million on April 23, with monthly inflows surpassing $2.1 billion. Despite significant outflows earlier in the year, the three-month flow since the start of the year shows a net inflow of $1.8 billion. Slavin explained that investors in these ETFs show a stronger tendency to hold their assets during price drops compared to investors in other risk assets. He added that the products are being used for portfolio allocation and as a "Buy and Hold" strategy rather than for short-term trading. Currently, the total assets under management (AUM) for the 12 Bitcoin spot ETFs stand at approximately $125 billion. This figure reached an all-time high of $162 billion in October 2025.