Spot Bitcoin ETFs pulled in more than $1 billion across three consecutive trading sessions, marking the first meaningful reversal after five weeks of steady outflows. The move comes even as Bitcoin remains well below its all-time high. According to data from analytics platform SoSoValue, cumulative inflows into U.S. spot Bitcoin ETFs between February 17 and 26 reached $1.02 billion. The strongest single session saw $506.5 million enter the funds in one day. ETF analyst Nate Geraci noted that investors appear to be “buying the bottom,” pointing out that roughly $6.5 billion has exited spot ETFs since Bitcoin’s October peak. However, that figure remains modest compared to the $55 billion in cumulative inflows recorded since January 2024. Five-Week Outflow Streak Finally Breaks The recent inflows ended a five-week stretch of negative balances. In the final two weeks of January alone, outflows totaled $2.82 billion. BlackRock’s iShares Bitcoin Trust (IBIT) led the rebound with a single-day net inflow of $275.8 million on February 26. While some products such as Fidelity’s FBTC and Ark 21Shares’ ARKB saw minor outflows, gains in other funds offset the weakness. Despite the bounce, total net inflows into U.S. spot Bitcoin ETFs have declined from $63 billion at the October peak to about $54 billion today. Assets under management have also fallen sharply, from roughly $170 billion to $84.3 billion. That context makes the three-day surge notable, but not yet decisive. ETH, SOL and XRP ETFs Also See Renewed Interest The positive momentum extended beyond Bitcoin. Spot Ethereum ETFs attracted approximately $173 million during the same three-day period, signaling renewed institutional interest in ETH exposure. Solana-focused investment products saw roughly $35 million in inflows, while XRP-linked ETFs recorded about $7 million. Although smaller in scale compared to Bitcoin, these flows suggest broader risk appetite returning to crypto-linked instruments. Market participants often treat ETF flows as a proxy for institutional sentiment. When inflows resume during price consolidation, it can indicate long-term positioning rather than short-term speculation. Are Institutions Signaling a BTC Bottom? Bitcoin remains below its prior highs, yet ETF investors are stepping back in. Historically, similar patterns have appeared during corrective phases when long-term capital accumulates gradually. Still, three consecutive days of inflows represent the minimum threshold for a potential trend shift, not confirmation of one. Sustained positive flows over several weeks would be required to validate a structural reversal. For now, ETF behavior suggests that institutional capital has not abandoned Bitcoin, ETH, SOL, or XRP. Instead, it may be repositioning during volatility.
