US spot Bitcoin exchange-traded funds recorded their second consecutive week of net inflows, totaling approximately $568.45 million this week according to data. This marks the first back-to-back weekly gains in five months, signaling renewed investor interest after a prolonged period of outflows that saw nearly $3.8 billion withdrawn.
US spot Bitcoin exchange-traded funds recorded their second consecutive week of net inflows. This marked the first back-to-back weekly gains in five months according to data from SoSoValue.
Spot Bitcoin ETFs attracted roughly $568.45 million in net inflows this week according to tracking data. The products also posted positive flows of about $787.31 million the previous week.
Before the recent turnaround, US spot Bitcoin ETFs endured a prolonged period of investor withdrawals. They recorded roughly $3.8 billion in cumulative outflows over a five-week streak.
Daily flows were mixed during this week. Spot Bitcoin ETFs recorded inflows of $458.19 million on Monday, followed by $225.15 million on Tuesday.
The momentum continued with a larger $461.77 million on Wednesday. It then reversed in the final sessions with $227.83 million in outflows on Thursday and $348.83 million on Friday.
US spot Ether ETFs also recorded their second consecutive week of net inflows. The funds attracted roughly $23.56 million this week after posting $80.46 million the previous week.
Before this rebound, spot Ether ETFs faced a sustained withdrawal streak. They recorded more than $1.38 billion in cumulative outflows across five consecutive weeks.
Fernando Nikolić, Blockstream’s director of marketing, compared the products’ growth to gold ETFs. In a post on X, he noted that Bitcoin ETFs matched roughly 15 years of cumulative inflows seen by gold ETFs in less than two years.
Nikolić added that the milestone occurred during a 46% Bitcoin drawdown and several months of negative price performance. “Anyone still arguing about whether bitcoin is ‘digital gold’ is wasting their breath,” he wrote.
“Bitcoin isn’t trying to be gold. Bitcoin is making gold look slow,” he added. The comparison highlights rapid institutional adoption despite recent market weakness.
