Bitcoin ETFs End 5-Month Downtrend with Two Consecutive Weeks of Inflows

Summary: Recent trends indicate a promising recovery for Bitcoin exchange-traded funds (ETFs), marking two back-to-back weeks of inflows after a prolonged period of losses. This resurgence, highlighted by impressive figures, signals increased institutional interest in Bitcoin despite recent market downturns.

Key Takeaways

Bitcoin spot ETFs attracted approximately $568 million this week.
The previous week saw inflows of roughly $787 million, ending a five-month streak of outflows.
Blockstream's Fernando Nikolić noted that Bitcoin ETFs have matched gold ETF inflows from their first 15 years in under two years.
Although this two-week inflow is positive, it came amid significant daily fluctuations, indicating ongoing investor caution.

Bitcoin

Understanding the Growth of Bitcoin ETFs

Fernando Nikolić, the marketing director at Blockstream, made headlines on social media by comparing the cumulative investment in U.S. spot Bitcoin ETFs to that of gold ETFs during their first 15 years. Notably, Bitcoin achieved this milestone in less than two years, even while enduring a 46% price drop from its peak.

Nikolić emphasized the steady inflow of institutional money into Bitcoin products, showcasing investor confidence despite falling prices. This comparison is particularly striking given that gold ETFs had over a decade to attract investors before Bitcoin products were introduced.

spot bitcoin ETFs matched 15 years of cumulative gold ETF inflows in under two years
gold had a fifteen year head start and bitcoin caught it in twenty months
absolute cinema 🚬
and this happened during a 46% drawdown btw
during five red months while most of your timeline… pic.twitter.com/TuK5E2WZsq
— Fernando Nikolić 🇦🇷 🟠 (@basedlayer) March 8, 2026

Inflows Data

The supporting data comes from SoSoValue, which monitors the daily and weekly flows into U.S. spot crypto ETFs. Reports reveal that Bitcoin ETFs brought in about $568 million this week, following an impressive inflow of nearly $787 million the previous week. This marks the first consecutive weeks of positive flows since early October last year, after a lengthy period in which funds consistently experienced withdrawals.

Prior to this recovery, Bitcoin ETFs faced significant outflows, with losses totaling approximately $3.8 billion over five consecutive weeks. The most considerable withdrawal occurred around January 30, when nearly $1.5 billion was pulled from the funds in just one week.

Weekly Inflow Report
Bitcoin ETFs register inflows for second straight week. Source: SoSoValue

A Closer Look at Daily Flows

While the weekly totals indicate strong inflows, the daily breakdown reveals a more intricate picture. During the week, Bitcoin ETFs saw inflows of $458 million on Monday, followed by $225 million on Tuesday, and a robust $462 million on Wednesday. However, the trend reversed mid-week, resulting in outflows of $228 million on Thursday and close to $350 million on Friday. Although the week ended positively, the late-session volatility showcased a fragile market.

BTCUSD Price Chart
BTCUSD trading at $67,292 on the 24-hour chart: TradingView

In a similar trend, Ether ETFs saw their own set of inflows totaling around $23.56 million following a previous week’s intake of about $80 million. This marks the first consecutive weeks of gains for Ether products since early October, following a rough stretch of five weeks with outflows exceeding $1.38 billion, including a significant week that saw about $611 million in redemptions.

Despite the positive news this week for both Bitcoin and Ether ETFs, the daily fluctuations signify that investor sentiment remains cautious. This cautious behavior reflects the ongoing volatility in the cryptocurrency market, as investors navigate new money entering these funds amidst market instability.

Featured image from Online Casinos, chart from TradingView