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⛓️ Crypto🟢 BullishImportance 7/10
Spot Bitcoin ETFs Record $787 Million Inflows, End 5-Week Consecutive Outflows
🤖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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#bitcoin-etf#ethereum-etf#institutional-investment#crypto-flows#market-recovery#etf-inflows#bitcoin#ethereum
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