After experiencing two days of outflows, U.S. spot Bitcoin exchange-traded funds (ETFs) witnessed a resurgence on Wednesday, with total net inflows of $100.9 million. The recent rebound follows a previous period where these ETFs had enjoyed a record streak of 19 consecutive days with inflows before encountering setbacks earlier in the week. Among the notable performers, Fidelity's FBTC led with a significant net inflow of $51 million, followed by BlackRock's IBIT at $16 million and Bitwise's BITB at $15 million. VanEck's HODL and Ark Invest's ARKB also experienced positive net inflows of $12 million and $9 million, respectively. Contrarily, Grayscale's GBTC reported zero net flows, consistent with its trend of outflows since January. WisdomTree and Invesco's other funds did not record any significant net inflows. Collectively, the 11 spot Bitcoin ETFs that have been operational since inception have amassed a total of $15.52 billion in net inflows. The return to net inflows aligns with significant economic reports from the U.S., including the Labor Department's May Consumer Price Index (CPI) showing stagnant inflation, prompting the Federal Open Market Committee (FOMC) to maintain the existing interest rate of 5.25% to 5.50%. Despite expectations of only one rate cut for 2024 as forecasted by the Federal Reserve, concerns persist about the establishment of a fully realized deflationary trend.