
Spot Bitcoin ETFs posted their first positive week after five consecutive outflows, signaling renewed institutional interest despite February’s overall net withdrawals.
Spot Bitcoin ETFs recorded $787.31 million in net inflows during the week, ending a five-week streak of withdrawals, according to SoSoValue data. Positive flows on Tuesday through Thursday drove most of the rebound, reflecting a renewed institutional interest in Bitcoin. However, February still closed with a $206.52 million net outflow due to earlier withdrawals. Since their January 2024 launch, Spot Bitcoin ETFs have attracted $55 billion, with $6.5 billion in outflows since Bitcoin’s October peak. Spot Ethereum ETFs also saw $80.46 million in weekly inflows, breaking a potential six-week streak of outflows.