BTC ETFs draw $1B in 3 days, weekly outflows streak likely to flip

US-listed spot Bitcoin exchange-traded funds attracted more than $1 billion in net inflows over three trading sessions this week.

Spot Bitcoin ETFs logged $1.02 billion in combined inflows from Tuesday through Thursday, according to data from SoSoValue.

Wednesday accounted for the largest single-day total during the stretch, with $506.51 million entering the funds.

The rebound comes even as Bitcoin remains well below its recent peak.

Bitcoin was trading around $67,263 during the period covered by the data.

The rebound was driven primarily by BlackRock’s iShares Bitcoin Trust (IBIT), which recorded $275.82 million in net inflows on Thursday alone.

While Fidelity Investments’s FBTC and Ark 21Shares’ ARKB saw outflows, those were offset by gains in other products, including Bitwise’s BITB and Grayscale’s BTC.

In total, the products saw net inflows of around $254 million on Thursday.

The positive flows pushed total inflows for the week firmly into positive territory, reversing the prior stretch of consistent redemptions

“Buying the Dip” narrative gains traction

ETF analyst Nate Geraci said in a post on X on Friday that investors appeared to be “buying the dip” following the recent downturn.

Geraci noted that spot Bitcoin ETFs have experienced approximately $6.5 billion in outflows since Bitcoin’s record high in early October.

However, he described that figure as modest compared with the roughly $55 billion in cumulative inflows the category has absorbed since January 2024.

“50% drawdowns are walk in the park for long-time BTC investors,” Geraci wrote. “But appears newer ETF investors aren’t worried either.”

This week’s inflows followed five consecutive weeks of net withdrawals, including a combined $2.82 billion in outflows during the final two weeks of January.

Altcoin ETFs also see gains

Flows into other crypto-linked ETFs also turned positive.

Spot Ether ETFs attracted approximately $173 million over the same three-day period, while Solana funds added about $35 million.

XRP ETFs recorded more modest inflows of roughly $7 million.

The shift suggests that investor appetite is not limited to Bitcoin and that broader crypto exposure remains in demand despite recent volatility.

Bitcoin trades in narrow range

Despite the strong ETF inflows, Bitcoin and the broader crypto market entered Friday on weaker footing.

Most major tokens posted losses over the previous 24 hours as traders reduced risk exposure alongside equities following Nvidia’s earnings-driven pullback.

Bitcoin was trading around $67,766 at the time of writing, down 1.5% on the day but still holding a 0.6% gain for the week.

Ethereum mirrored the move, falling 1.5% over 24 hours to trade just above $2,047.

Both assets remain confined to a narrow trading range that has defined price action since the February 5 selloff.

Wednesday’s move toward $70,000 marked the upper boundary of that range, while recent lows have tested the middle.

On a weekly basis, several altcoins outperformed Bitcoin.

Cardano rose 7% over seven days, while Solana gained 5.5%, Ethereum added 4.8%, and BNB advanced 4.3%.

These gains exceeded Bitcoin’s comparatively modest weekly performance, indicating that appetite for alternative tokens remains intact beneath short-term volatility.

XRP stood out as the notable laggard, falling 3.7% over 24 hours and registering a slight 0.1% loss on a seven-day basis.