Bitcoin ETFs Recover as $94.3M Flows In, Ending $3.2B Outflow Streak

Bitcoin ETFs End $3.2B Outflow Streak With $94.3M Inflows as Market Sentiment Shifts

After eight consecutive days of investor withdrawals totaling $3.2 billion, U.S. spot Bitcoin exchange-traded funds (ETFs) finally recorded net inflows, bringing in $94.3 million on the last day of February.

The turnaround wasn’t uniform across all funds. BlackRock’s iShares Bitcoin Trust (IBIT), the largest spot Bitcoin ETF by assets under management, continued to see outflows, with investors pulling $244.6 million. Meanwhile, other funds reversed course, with Fidelity’s FBTC attracting $176 million and the ARK 21Shares Bitcoin ETF leading with $193.7 million in new inflows, according to Farside Investors.

The inflows arrived alongside signs of recovery in the crypto market. Bitcoin rebounded from its February 28 low of $78,000, climbing 1.6% in the past 24 hours to trade around $84,900. The CoinDesk 20 Index, which tracks the broader market, also gained 0.3%, reaching 2,705.

Despite the rebound, Bitcoin remains down roughly 12% over the past week, while the broader crypto market has shed 15.8%. The recent streak of outflows from spot Bitcoin ETFs began on February 14, the last day these funds saw net inflows of $66.2 million.

On the other hand, spot Ether ETFs continued to see capital exit, with $41.9 million in outflows on the final day of February. Since their last positive net flow, these funds have lost $357.5 million, per Farside data.

The shift in investor sentiment follows two key developments: the White House’s announcement of a crypto summit hosted by President Donald Trump on March 7 and BlackRock’s decision to allocate 1% to 2% of its spot Bitcoin ETF to one of its model portfolios. These moves signal a more favorable institutional and regulatory environment, which could help sustain the market’s recovery.