Bitcoin exchange-traded funds (ETFs) returned to positive territory last week, recording solid inflows after nearly a month of persistent withdrawals. The renewed investor interest came as Bitcoin reclaimed the $66,000 level, signaling improving sentiment across the crypto market.
For the week ending February 27, Bitcoin ETFs attracted $787.31 million in net inflows, reversing the previous week’s $315.86 million in outflows. The rebound marked the first positive weekly performance since late January, breaking a four-week streak of declining flows.
Three-Day Buying Surge Powers Recovery
The turnaround was largely driven by a strong wave of buying between February 24 and February 26. During this three-day period alone, investors poured $1.02 billion into Bitcoin ETF products, offsetting losses recorded earlier and later in the week.
February 25 stood out as the strongest day, bringing in $506.51 million in inflows — the highest single-day total of the week. The momentum began on February 24 with $257.71 million entering the funds and continued on February 26 with an additional $254.46 million.
However, the week wasn’t entirely positive. Bitcoin ETFs experienced $203.82 million in outflows on February 23, just before the buying streak began. Another $27.55 million in redemptions on February 27 ended the run of consecutive inflow days.
Bitcoin Price Reacts to ETF Momentum
The shift in ETF flows coincided with a modest price recovery for Bitcoin. The cryptocurrency traded around $66,000, posting a 1.7% gain over 24 hours following the inflow rebound. During the same period, Bitcoin moved within a trading range of $63,176 to $67,039, reflecting renewed market activity.
Market participants often view ETF flows as a key indicator of institutional demand, making the week’s reversal particularly notable after several weeks of selling pressure.
Trading Volume Slows Despite Inflows
While inflows improved, overall trading activity declined compared to previous weeks. Total weekly trading volume across Bitcoin ETFs reached $15.99 billion, down from $22.87 billion recorded during the week ending January 30.
Meanwhile, total net assets showed mixed movement. Assets climbed during the week but ultimately fell from $85.31 billion on February 20 to $83.40 billion by February 27, indicating some profit-taking despite fresh capital entering the funds.
Ending a Four-Week Outflow Streak
The latest inflow week marks a significant shift after a prolonged period of withdrawals. The four previous weeks recorded consistent outflows, including:
- $315.86 million for the week ending February 20
- $359.91 million for the week ending February 13
- $318.07 million for the week ending February 6
- $1.49 billion for the week ending January 30
Altogether, the five-week stretch from late January through mid-February saw roughly $2.48 billion leave Bitcoin ETF products before last week’s recovery.
Despite the renewed inflows, cumulative net inflows edged slightly lower overall, slipping from $55.01 billion on January 30 to $54.80 billion as of February 27.
The latest data suggests institutional interest may be stabilizing again, with investors cautiously returning as Bitcoin regains key price levels. Whether this marks the start of a sustained trend or just a short-term rebound remains closely watched by market participants.
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