US spot Bitcoin ETFs have recorded their second consecutive week of net inflows, signaling a possible shift in investor sentiment after months of withdrawals. The renewed interest comes as institutional investors slowly return to crypto investment products despite recent market volatility.
Spot Bitcoin ETFs See $568 Million Weekly Inflows
Spot Bitcoin ETFs in the United States attracted approximately $568.45 million in net inflows this week, according to data from SoSoValue. This follows $787.31 million in inflows the previous week, marking the first time in five months that the funds have posted back-to-back weekly gains.
Before this turnaround, the ETFs experienced a prolonged period of withdrawals. Over a five-week outflow streak, investors pulled out nearly $3.8 billion from the funds. The largest weekly outflow occurred during the week ending January 30, when about $1.49 billion exited spot Bitcoin ETFs.
Daily flows during the latest week showed mixed momentum. The week started strong, with $458.19 million in inflows on Monday, followed by $225.15 million on Tuesday. Investor demand peaked midweek, with $461.77 million flowing into the funds on Wednesday.
However, sentiment cooled toward the end of the week. Spot Bitcoin ETFs recorded $227.83 million in outflows on Thursday, followed by $348.83 million in redemptions on Friday, trimming the overall weekly gains.
Ether ETFs Also Return to Positive Flows
Spot Ether ETFs in the United States also posted their second straight week of net inflows, showing a similar recovery in investor interest.
These funds attracted roughly $23.56 million in net inflows this week, after recording $80.46 million in inflows the previous week. This marks the first time since early October last year that Ether ETFs have seen two consecutive weeks of positive flows.
Prior to this rebound, Ether ETFs faced significant withdrawals. Over five consecutive weeks, the funds saw more than $1.38 billion in cumulative outflows. The largest weekly withdrawal happened during the week ending January 23, when investors redeemed around $611 million.
The latest week also saw mixed daily activity. Ether ETFs recorded $38.69 million in inflows on Monday, but $10.75 million in outflows on Tuesday. Momentum briefly returned on Wednesday with $169.41 million in inflows, before slowing again later in the week.
Despite these fluctuations, the return of weekly inflows suggests that institutional investors may be gradually regaining confidence in crypto investment products.
Another notable milestone highlights the growing influence of Bitcoin ETFs in the broader financial market. According to Blockstream’s director of marketing, Fernando Nikolić, spot Bitcoin ETFs have already matched around 15 years of cumulative inflows seen by gold ETFs, achieving the milestone in less than two years.
