Bitcoin ETFs Reverse Course: $95M Net Inflow Ends Eight-Day Outflow Streak
Bitcoin ETFs halt outflows, post $95 million net inflow to end eight-day streak
Bitcoin ETFs, which track the price of the cryptocurrency, have been under significant pressure in recent weeks, with the price of Bitcoin falling by more than 10% in the past week. This has led to significant withdrawals from US-based spot Bitcoin ETFs, raising questions about their role in the market downturn.
However, on Friday, February 28, the spot Bitcoin ETFs ended their eight-day streak of consecutive net outflows, with nearly $100 million added in value to close the week. This marked a significant turnaround for the funds, which had been experiencing significant outflows in recent days.
The ARK 21Shares Bitcoin ETF (ARKB) was responsible for a substantial portion of the day’s total inflow, posting $193.7 million in capital influx. arkb was followed by Fidelity Wise Bitcoin Fund (FBTC), which added more than $176 million to its net assets to close the week. Bitwise Bitcoin ETF (BITB) and Grayscale Mini Trust (BTC) also saw net inflows of $4.57 and $5.59 million, respectively.
Despite the positive inflow, the US-based Bitcoin ETFs still experienced a record negative outflow of over $2.61 billion for the week. The last time the US Bitcoin ETF market saw a daily net positive inflow was on Friday, February 14.
More than $3.265 billion was withdrawn from the spot Bitcoin ETFs within these eight days, with the funds registering over $1.1 billion in daily net outflow on Tuesday, February 25 – the first time withdrawals have ever crossed the billion-dollar mark since launch.
The relationship between the performance of the spot Bitcoin ETFs and the BTC price is undeniable. According to CryptoQuant’s Head of Research Julio Moreno, exchange-traded funds have disappeared as a source of demand growth for Bitcoin so far in 2025 relative to 2024. The net cumulative inflows into Bitcoin ETFs on day 58 of 2025 stand at 12,100 Bitcoin ($1.7 billion), which pales in comparison to