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⛓️ Crypto🟢 BullishImportance 7/10

Spot Bitcoin ETFs Record $787 Million Inflows, End 5-Week Consecutive Outflows

NewsBTC|Scott Matherson||8 views
Spot Bitcoin ETFs Record $787 Million Inflows, End 5-Week Consecutive Outflows
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🤖AI Summary

Spot Bitcoin ETFs recorded $787 million in net inflows last week, ending a five-week streak of consecutive outflows driven by three consecutive days of positive flows. Despite the weekly recovery, February still closed with net outflows of $206.5 million, while Ethereum ETFs also saw positive flows of $80.5 million for the week.

Key Takeaways
  • Spot Bitcoin ETFs attracted $787 million in weekly inflows, breaking a five-week outflow streak.
  • February still ended with $206.5 million in net outflows despite the late-week recovery.
  • Since Bitcoin's October highs, ETFs have seen $6.5 billion in outflows versus $55 billion in total inflows since launch.
  • Spot Ethereum ETFs recorded $80.5 million in inflows, also breaking their consecutive outflow streak.
  • The recovery was concentrated in Tuesday through Thursday with over $1 billion in combined inflows during those three days.
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