US Spot Bitcoin ETFs Post Second Consecutive Weekly Inflows

US spot Bitcoin exchange-traded funds (ETFs) recorded their second consecutive week of net inflows, marking the first back-to-back weekly gains in five months. According to SoSoValue, spot Bitcoin ETFs attracted approximately $568.45 million in net inflows this week, following positive flows of around $787.31 million the previous week.

Before this rebound, Bitcoin ETFs faced a sustained period of investor withdrawals, losing roughly $3.8 billion across a five-week streak. The largest outflow occurred during the week ending January 30, with about $1.49 billion in net redemptions.

Daily ETF Flows Show Mixed Momentum

During the latest reporting week, daily flows varied. Spot Bitcoin ETFs saw $458.19 million inflows on Monday, followed by $225.15 million on Tuesday and $461.77 million on Wednesday. Outflows resumed later, with $227.83 million on Thursday and $348.83 million on Friday, showing mixed investor sentiment throughout the week.

Ether ETFs Also See Renewed Investor Interest

US spot Ether (ETH) ETFs posted net inflows of $23.56 million, following $80.46 million inflows the previous week. This marks the first back-to-back weekly gains since early October last year. Ether ETFs had previously recorded more than $1.38 billion in cumulative outflows over a five-week period, with the largest withdrawal of $611 million during the week ending January 23.

Bitcoin ETFs Surpass Gold ETF Milestones

Fernando Nikolić, Blockstream’s marketing director, highlighted that Bitcoin ETFs have matched roughly 15 years of cumulative gold ETF inflows in under two years, despite gold’s 15-year head start. This milestone came during a 46% Bitcoin drawdown, underscoring strong institutional demand even amid market weakness.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.