Bitcoin ETFs See $94.3M in Inflows, Snapping $3.2B Outflow Streak as Market Rebounds

After suffering eight straight days of outflows totaling $3.2 billion, U.S. spot Bitcoin exchange-traded funds (ETFs) finally recorded net inflows, with $94.3 million entering the market on the last day of February.

Despite this positive shift, BlackRock’s iShares Bitcoin Trust (IBIT), the largest spot Bitcoin ETF by assets under management, still saw $244.6 million in investor withdrawals. However, other ETFs reversed the trend, with Fidelity’s FBTC gaining $176 million in inflows and the ARK 21Shares Bitcoin ETF leading the pack with $193.7 million in new investments, according to Farside Investors.

The influx of capital coincided with Bitcoin’s partial recovery from a sharp downturn. After plunging to $78,000 on February 28, Bitcoin rebounded 1.6% over the past 24 hours to trade around $84,900. The broader crypto market followed suit, with the CoinDesk 20 Index ticking up 0.3% to 2,705.

Still, the damage from February’s sell-off remains visible, as Bitcoin is down about 12% over the past week and the overall crypto market has lost 15.8%. Spot Bitcoin ETFs had been struggling since February 14, the last day they saw positive inflows of $66.2 million.

Meanwhile, spot Ether ETFs extended their losing streak, recording another $41.9 million in outflows. Since their last positive day, these funds have lost a total of $357.5 million, according to Farside data.

The recovery momentum comes amid a shifting regulatory landscape. The White House recently confirmed that President Donald Trump will host a crypto-focused summit on March 7, a move seen as a positive signal for the industry. Additionally, BlackRock has added a 1% to 2% allocation of its spot Bitcoin ETF to one of its model portfolios, further reinforcing institutional interest in the sector.