U.S. spot Bitcoin ETFs recorded $240 million in net inflows on Thursday, ending six consecutive days of outflows and marking the first positive flow since October 28, according to Farside. No ETF provider reported outflows, a break from trends during the ongoing U.S. government shutdown, which began October 1 and has been linked to declining market confidence and liquidity in risk assets. Since the shutdown started, Bitcoin has fallen 11% to $100,000, while the Nasdaq and gold have risen. Historical precedent from the 2018–2019 shutdown suggests such periods can coincide with market bottoms for Bitcoin. This positive ETF flow comes as overall crypto market liquidity remains weak, with previous reports citing over $1.5 billion in recent ETF outflows and reduced treasury demand.